No, insurance is not a pyramid scheme. Insurance is a legitimate financial product that provides protection against financial losses by pooling risks among a large group of people.
No, life insurance is not a pyramid scheme. Life insurance is a legitimate financial product that provides financial protection to beneficiaries in the event of the policyholder's death. It is regulated by government authorities and is offered by reputable insurance companies.
Those people who invested in a pyramid scheme and got out successfully before it crashed got lucky. That's all. The goal of the starter of the pyramid scheme is for those who get paid will re-invest their earnings hoping for the earnings to compound. This will keep the pyramid alive longer.
No, Prepaid Legal is not considered a pyramid scheme. It is a legitimate company that offers legal services through a prepaid membership model.
Yes!
No, Homeowners Insurance is Property Coverage, not financial or Investment Insurance.
No, life insurance is not a pyramid scheme. Life insurance is a legitimate financial product that provides financial protection to beneficiaries in the event of the policyholder's death. It is regulated by government authorities and is offered by reputable insurance companies.
Yes. It is pyramid scheme.
A Pyramid Scheme
yes
False
disadvantage of national health insurance scheme
Those people who invested in a pyramid scheme and got out successfully before it crashed got lucky. That's all. The goal of the starter of the pyramid scheme is for those who get paid will re-invest their earnings hoping for the earnings to compound. This will keep the pyramid alive longer.
It should be regarded as most likely to be an MLM or pyramid scheme.
No, Prepaid Legal is not considered a pyramid scheme. It is a legitimate company that offers legal services through a prepaid membership model.
Yes!
Yes it is.
A Pyramid Scheme is a money-making strategy. Its formation looks like a pyramid structure. First, the investors keep promoting the business and recruiting new investors in bulk. For more information visit here on.. @ financialfundrecovery