What would you like to do?

Is Primerica a scam?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Answer:

Primerica is a large, publicly held corporation. Obviously, no business such as this would structure their company in a way that would violate the laws of the countries in which it does business. So their corporation is structured in accordance with the laws of US, and they maintain all the records and perform their business opportunity selling in ways that is within the laws of the US and Canada and the States in which they operate.

The general public will determine whether a business is a "scam" based on its perception of the company's products and also their customer service. Primerica's physical products are of good quality and are priced somewhere in the middle of most similar competing products. The Primerica agents are then left as the big factor that the public is left with, in order to determine it's legitimacy. So a successful company like Wal-Mart will not treat it's customers rudely and will have 48 check-out stands available so their experience is as good as they can make it. The public will judge it based on their experience. In contrast, the typical Primerica agent comes across as somewhat shady and ill-experienced. Not a good combination when attemting to sell financial products. Due to this, the agents spend most of their time and efforts selling the business opportunity. This is where most of the general public attach the "scam" designation onto the Primerica brand. The old adage is "judge for yourself".

For example, this very question was first asked by Obe231, a Primerica agent. 18 Feb 2009 at 6:05. This person then attached the link to their blog that sells the idea of the Primerica business opportunity. 18 Feb 2009 at 6:06. Then they proceeded to answer the question that they asked. 18 Feb 2009 at 6:32. Hmmm, why would an agent who sells the Primerica business opportunity go onto a user-generated content website and "ask" if Primerica is a scam? Why would he/she pose as some random person with a valid question? A "question" that they conveniently already had an answer to? Are these people trustworthy, or trying to scam you.

Judge for yourself.
25 people found this useful
Thanks for the feedback!

Did Primerica pay after 911?

Answer 1: As a Primerica representative, the answer is yes. Primerica has paid all life insurance claims to all victims of the September 11, 2001 attacks. You can talk to Pri

Is primerica a pyramid?

Pyramids are not legal in the united states. So answer is no. Logically speaking, if you look at any corporate structure and start with a president or c.e.o, the it would look
Is there commission for primerica?

Is there commission for primerica?

Answer 1: There are different sales levels in Primerica and every person who joins Primerica starts at the beginning. The first level is Representative. Reps earn 25% commi

What is Primerica?

Primerica is a financial service company. They help families Save money, make money, and get out of debt. Products they have. Life insurance Retirement investments Debt manage

Is Be. a scam?

Yes, Be. Productions is a scam. I worked for them as a "Talent Director" and left due to moral differences. They do not have the connections they claim to and are using the na

What are your experiences with Primerica?

But to be brief, it was difficult at first and the more I work on it, the easier it becomes. Fear is the #1 factor that stops someone from becoming great. I am in it (an age

The question and answer are locked and cannot be edited.

Is there a fee to be a Primerica representative?

Yes, there is an advance fee to be an independent contractor who does not actually work for Primerica. Their advance fee to be in this Multi-Level Marketing scheme is $99. Thi
How is Primerica Life Insurance?

How is Primerica Life Insurance?

They are a pretty good company. I'm a client and their prices are low. I bought $500,000 coverage on me and $250,000 coverage on my wife. I was 36 and she was 34 years old at
Why do you scam?

Why do you scam?

Scams online commonly come from Nigeria for high value items, that was widely believed, but with experience and research the rate of online scams is higher in Malaysia and Ind
Why competitor hate primerica?

Why competitor hate primerica?

Because they don't like how Primerica exposes the truth about their products. The competitors know their products are ripoffs, but they make their agents sell it as a great fa

Is Primerica Financial Services legit?

I have dealt with Primerica since 1997. Have there IRA then converted to Roths. Tried to become a Rep but I was in the Military and moved shortly after starting tried to conti
How do you know if your Primerica RVP is trying to scam you?

How do you know if your Primerica RVP is trying to scam you?

I just joined Primerica and have been in it for about 3 months. I have one recruit and am being trained by my RVP, but I sometimes distrust of him because I feel that I have a

What is a scam?

The term SCAM in the online world has been loosely translated. By definition, a scam is a quick-profit scheme where a person cheats another individual or group out of money by