Primerica Ex-Agent Tells All | Scam, MLM, Legit?

[@alexusmichitsch6788]

My personal experience was very opposite of this. My training classes were very focused on the product. On the types of insurance that are bad, the types of insurances that are good, how to help people. There was a stresser on if you’re here to get rich, it’s not for you. If you’re a good person and want to help people, they’ll help you do that. The trainer that I have is very hands on, I also know her personally so that’s a plus. They stress that there’s no need for recruiting if you want to just sell the products. They inform you that growing your team is an option if you want to become a broker, like being in management, etc. but it was never pushed. I do think it very much depends on your team, like with every company, location matters for the quality you’re getting. I’m so sorry that other people have found negatives. I’m really excited to keep moving forward with them! ☺️❤

[@johnd9541]

So essentially they also have a compliance problem, with each office being completely different? lol

[@Reve14twelve]

The real problem with primerica is not the company or the products, the system is great and proven that it works great. The problem is the agents, the uplines, the really greedy RVPs

[@Jonathanest90s]

It’s a scam

[@anthonyduran5778]

@@Jonathanest90s you have no idea what you're talking about lmao

[@johnd9541]

@@anthonyduran5778 1.5M left the opportunity in just the last 5 years alone.

[@davegvaughan]

Yes, sadly it is the system of recruitment and training that is the problem. The people are environmentally made to be greedy.

[@johnd9541]

The system incentivizes preying on new recruits , both for their warm market leads, but also to buy policy and sign up for POL or buy a $150 convention ticket.

[@jthowar]

The product, itself, IS good! But the repetitive pep rallies, lack of provided product training, and not being taught how to go out and generate new business besides friends and family, is why I left. And I really wanted to make it work!

[@noahkeener]

That is unfortunate to hear. Being in this business myself, I can say that there’s a lot of internal factors that play a huge part in this I used analogy it similar like college. The teacher doesn’t necessarily hold your hand, but give you the tools and then it’s up to you to use those tools, I would love to hear more about your story

[@popiwatv]

We'll give you all the training. You should already be licensed so it's not about your money. If you want the information, we'll get it to you. Let me know I'll send you my email

[@BiancaFlores-jk2np]

This reason why I left as well because I felt like I wasn’t being helped and had to do everything myself but i believe when you join a company as team members you should have more training I say that because if you actually want to succeed together as a team you need to work together

[@stephenrobertakuchurean6384]

@@BiancaFlores-jk2np Sorry to hear. Training is not an issue with our group. We have training on Mondays to talk about everything from the product, the online portal and available products from a relationship oriented trainer. On Tuesdays, we have much the same thing from someone who is technical minded. These do not include the training the can be accessed from Primerica, LFIC and MPI. But the best training is kneecap to kneecap, learning how families have been deceived with permanent insurance, group education funds, bank investment products, etc.

[@kingloaf]

@@noahkeenerhonestly all I’m getting out I primerica is to one firstly check with family who needs/ birth babies. Then friends. Then strangers in need. If you know a community that’s birthing babies why not try to get them to sign up and provide future storm day money. It makes no sense to not hop on. It’s a win win. They get help you get paid. Just like fast food or a car dealership.

[@charlesburlingham7974]

This couldn’t have came at a better time. Was going through the Primerica process. Didn’t stick around long.

[@Slimnutt]

Same here👌🏽

[@williamjoseph1300]

Smart

[@KingD-light]

Same

[@amirasiya07]

GOOD 👍🏿…we need less dead weight and more productive people!!!

[@jesse75]

MLM is not worth getting involved in.

[@dplj4428]

The dream sounds good. But, it seems you have to be outgoing and become an informed sales person, and aware of those charge backs caused by people who cancel.

[@dplj4428]

5:40 Other fees like CHARGE BACKs if a person cancels a policy, you have to pay the money back. That commision is actually a "loan" unless the person keeps the policy?

[@sjcabbell4259]

yes

[@lukevaxhacker7762]

That's the definition of a commission advance… 🤣 Or any *other* advance you get, e.g., partnership payout advances. Just tend to be interest free, at least…

[@JohnCent-vs3hn]

Insurance is like that, make sure to do good business and if a client misses a payment to be on it. None of the agents are trained to do this boring part of the business, but it's what keeps business growing. I'm not with Nightmerica though.

[@abraham1O2]

This is the case for any type of commission that pays as an Advance. In insurance, this is to incentivize salespeople to make good sales instead of pushing trash to anyone who will take it.

[@chelsealarkins2481]

Communism bases sales do this. ZILLOW does this with sales to realestate agents. If the agent cancels within a few months then the sales agent gets a charge back. I have family that works/worked for zillow so I know this 1st hand

[@AS-qy1zl]

After first getting my license a few years back, I went to one of their things. I didn’t hear Insurance mentioned once. I wasn’t even sure I was in the right place and that it was about selling insurance.

[@johnd9541]

Did those meetings remind you of Amway, Herbalife, Scentsy? They likely did, as the real product behind all MLMs is the monetizing of those seeking false salvation in the form of an opportunity. Products/services are merely the bait used.

[@AS-qy1zl]

@@johnd9541 Whe did it for me is when the main speaker said that selling a product is for scumbags and that he was giving so much more that could change lives. First of all, there are lots of people out there selling all sorts of things and they aren’t scumbags. Second, I got into insurance because I believe in the product. I already do change people’s lives and I do it by being clear about how I can do it.

[@AS-qy1zl]

I don’t know. I was told that I was going for training and I just saw a bunch of people talking about how rich they were and a lot of desperate souls cheering for them. I have always been self motivated so to me it was a waste of time and money. I also disagree with recruiting baristas or whatever to come sell insurance for me, but really the goal is to make them recruit for me. The worst thing was that they approached me with insurance and financial services and then bait and switched me into recruiting the poor and desperate. I told them that wasn’t my goal and left amicably. No reason to be antagonistic.

[@zbstr611]

@@johnd9541you do know that primerica is in the nyse, right? they’ve been on the news and on forbes magazine, you do know that right? everyone needs our services

[@UsoFamily253]

@@johnd9541how is it false if it’s pertaining to getting life insurance??

[@Bossmatt]

Thank you David, I have been around Primerica reps when I was in another MLM and it's true, this is no way to start a business. Just run through friends and family and push through every sale just to have them cancel a month or 2 into it. I was always looking for the recruit or sell bridge and how tall they are if you want to make it. Being honest about recruiting takes a lot of experience and personal soul seeking I believe to find out what you are passionate about. I didn't like passing out magazines to people at gas stations or stores, yuk! But you learn the psychology of it and grow hopefully with out any bad repercussions! I did and I am still finding it's not all done and over with when you find the right home either. Keep learning and growing to keep winning! Cheers!

[@nazrawigetu9654]

Thank you for providing this useful information for people like me! I had an interview with a Primerica recruiter and I asked them to give me some time to make a decision before I join them. Now because you have given me a very important information, I have decided to keep myself from making a wrong decision that I regret in the future. Thank you very much! I thank God for helping me to get this information. God bless you!!

[@alexhearn9270]

It’s a cult don’t do it.

[@marinakill55]

​@alexhearn9270 the group that recruited me literally worshipped another biblical deity or character. I'm glad I found out quick & left! 😅

[@KryptonBorn1]

​@marinaiplacido what?? There's a storytime there! Lol

[@Hueyn42]

Primerica takes advantage of new agents. If you are a seasoned agent you know better.

[@TheDIGAgency]

Thanks for sharing.

[@bodyloverz30]

@@TheDIGAgency I worker for Mutual of Omaha and others in the 90's and always chose the "as paid commission option" so I never owed money. This is a good deal, as after 5 years, your coasting.

[@johnd9541]

Seasoned agents avoid Primerica like the plague. According to their annual reports, only unlicensed agents join the opportunity.

[@stephenrobertakuchurean6384]

@@johnd9541 Untrue. But leaving Primerica to sell overpriced under-protected permanent insurance says a lot about the agent/person.

[@genhue3]

Omg…. Everything she said is true! I had an orientation yesterday… and I don’t think I’m going to go through. Thank you for this. 🙏

[@zhanemonai8312]

Same and I paid my money

[@kaydenceeshayy]

have you got your refund?

[@briannacassandra8707]

@@zhanemonai8312girl me too..did you get it back?

[@workyourland8435]

@@zhanemonai8312 What money did you pay? My husband and I did a zoom with the RVP, we decided not to move forward with background checks

[@ichangedmyusernamebecausei2551]

Same I also paid the $25 fee after the orientation. The next day my recruiter made me make a list of family and friends and associates. He made me try to call 5 people. Even my parents smh. I quietly texted my sister and told her to make sure no one answers my parents’ phones no matter how many times I called. I also texted two of my friends and told them to just go along with whatever bs I say on the phone from the script. I’m a college student and was broke af when they reached out to me. Now I have to go again a few days from now with my two friends who I recruited who I also quickly called after the meeting with my recruiter to tell them to just forget about the phone call conversations. I’m very broke and want to get experience in financing. But I’m at a crossroad.

[@Mark.Taylor.]

That was excellent David, thank you for all you do AND hello! 😃👋

[@TheBigJimShow8376]

I’d like to be a guest on your channel and tell you and your listeners my Primerica story

[@MC-mh2ju]

Tell us.

[@Thesentrybeyond]

Tell us please ! I just had a opportunity interview yesterday and signed up

[@macalister8881]

​@@Thesentrybeyondsucker

[@Jacqueline-77]

For charge backs u just call your client and u let them know about a risk they are taking if they really want to cancel a life insurance. We dont have tomorrow guaranteed and if u or your spouse dies and u canceled imagine? So what i do is get them on a lower plan and they keep the plan

[@lildudefromky]

If only they understood 😂🙄

[@mamacamano7507]

Thank you for this information, this helped me make my decision!

[@ricksushi9112]

It’s a legitimate company. The issue is that if your upline keeps telling you to sell life insurance. They’ll get compensation out of you. So stop selling life insurance to your upline

[@trecimcdaniels8126]

How do I make to where my upline or the office I’m under doesn’t get any percentages of my personal closings?

[@Thefinancialgemdropper]

@@trecimcdaniels8126you have to change companies unfortunately

[@fechnerjean-philippe3238]

Do you anywhere that you can work where no one makes money of off you?

[@felipecard7761]

It’s sales some one is always gonna make a percentage of your sale

[@MillionaireDRMS]

@@trecimcdaniels8126Get direct appointments with the carriers

[@user-xn1cy4gj8n]

Y’all 😂😂😂😂 I just got off the interview I trusted my gut and hung up he had a presentation, sent me a link wanted me to pay and hung up saying I would add my account number , please don’t fall for this and the link they say .

[@zhaneroberts7320]

They called me to set up an interview next week now I’m not even going to join the zoom. Thanks for this !

[@SRahimAdams]

i'm with primerica and have not had any of those experiences.

[@johnd9541]

Pay special attention to all the new faces, and missing old faces, over the next 3 months. Ask why they have awards nights or commission ceremonies, but not chargeback nights.

[@apotbos]

Make sure you don't put all your leads in their system because once you leave it's all fair game

[@johnd9541]

@@apotbos The leads are typically their downlines, who cancel the policies they were sold almost immediately after leaving. It's a chargeback factory.

[@krissifaith6709]

In Primerica, the RVP training is what makes or breaks it. The services are amazing. My dad had a policy with Primerica and when he died, my mom got a check 3 days later and doesn't have to work a day in her life.... but agent training makes all the difference. They get stuck.... so if you have an RVP who got you in and through licensing but isn't training - SWITCH. Find an agent who can train well. My RVP didn't even take my warm market...

[@ItsSimplyNesa]

How exactly does one switch?

[@johnd9541]

RVPs are required to rent/lease storefront office space and pay for all office overheads. This can easily add $30k+++ to their expenses.

[@honkhonk1555]

What does RVP stand for friend?

[@Gracebaby23]

​@@honkhonk1555regional vice president

[@johnd9541]

@@Gracebaby23 And theres literally 7000 of them. lol

[@needmoreramsay]

Insurance/investments in general requires a "special" kind of person. You have to be prepared to constantly solicit business from EVERY PERSON in your daily life, including your immediate family, friends, team mates, bowling league, second cousin twice removed, etc, etc. You will be ostracized, ignored, criticized by MANY of the people you know and love. And you will be required to work, attend meetings, recruit, train, solicit meetings WITHOUT PAY until you achieve your licence. It's a hard go and be prepared to hear A LOT of NO's before the occasional YES.

[@crisssyyy_]

I agree with what you hear in the opportunity meetings. I want to hear both the good and the bad.

[@MarilynA-zy1tq]

Go independent if you want to do insurance and where you’re not forced to recruit.

[@Augustt06]

So in summary I shouldn’t go through with applying at Primerica?

[@SimpleSouthernLife]

No I used to work for them and it’s a pyramid scheme

[@esmeraldajazmin8143]

I was with them in the beginning of the year and one thing I didn’t like and that they would say they’re people of God but only cared about making more money and getting recruits . I noticed little by little they would brag so much about having this and designer that but it says in the Bible do not care about worldly things such as luxury stuff and cars . I just got a negative feeling about it and they would literally want me to risk my life to go to thier training classes or else I don’t have that no excuses mindset . It was too much . I researched and realized it was all a MLM thing and pyramid scheme . God opened my eyes and had me see the truth in those people who worked there .

[@AlyssaJames14]

Hey girl! You won't believe this! I just asked Jesus to send me a sign if this job opportunity is a scam or not. I was about to pay them, but something felt off. I started praying for a sign, and guess what? I came across your comment! It looks like I almost got myself into a bad situation. Thanks for sharing your experience! God bless you, my sister in Jesus!!!!!

[@stephenrobertakuchurean6384]

@@AlyssaJames14 As a Christian, we have been clients since 2002 and reps since 2017. Enough said.

[@PaladinThizz]

​@@stephenrobertakuchurean6384not everyone who says they're Christians are Christian

[@esmeraldajazmin8143]

@@AlyssaJames14 God always open our eyes I’m happy he saved you from that !!! I got trapped by thinking it was from God but it was actually from Satan. But luckily I was able to get out .

[@catherineskis]

How do I collect!!!!!!!!!!! Because there was a death 6 months ago and even my lawyer is being stonewalled. Please help!!!!

[@healthsaavy]

I'm so sorry to hear this!!

[@lildudefromky]

Contact the agent who sold them! Get the deceased’s info. If the policy was active at the time of death, the beneficiaries will receive

[@johnd9541]

@@lildudefromky Unless death occurred within two years of taking the policy, or info filed to get the policy was incorrect (ie known health issues).

[@shelleyreeves8845]

That’s not how all Primerica teams run their business. I make sure all my recruits are educated on the products we offer and how our system works.

[@TheDIGAgency]

Thanks for sharing!

[@D4llast]

They would do better by working at mcdonalds

[@johnd9541]

@@D4llast A 1 hr shift at McDonalds out-earns a year for the average Primerican.

[@eap1321]

American income life is all about recruiting these 21-year-old kids are just not selling just making money of coding and recruiting.

[@ricardostallings405]

A chargeback is when a policy does not stay on the books for 12 months. Then you pay back the percentage of the annual premium that the company did not get. After 12 months there is no chargeback.

[@johnd9541]

But like any subscription service, be it cable tv, magazines or insurance, the majority of cancellations occur in the first few months.

[@ricardostallings405]

@@johnd9541 A good amount yes, but if you are more than a sales person & trying to actually look out for your clients & not your bank account your chargebacks are few and far between. I personally have not had a chargeback in about 3-4 years. I have had them & Im sure I will get more but I’m on a good track record right now.

[@bronxchick2997]

Oh wow this is interesting bcus yes if u get out cable tv or phone subscribed early before a year yea you pay to get out but this you paying other people’s fee for dropping off before 12 months smh yea no one talking about it

[@Gracebaby23]

No matter how good a company is, there is ALWAYS someone bashing it!

[@johnd9541]

including the 1.5M people who left in the last 5 years alone?

[@apotbos]

The fact that you can't comment on their own videos should tell you something

[@DavidGonzalez-cf5ym]

Is there any uplines that the community would recommend that is producer based versus recruiting? Are you a producer happy with the upline you chosen?

[@TheDIGAgency]

[@noahkeener]

100% they are out there. I was blessed by finding a upline that is here to help and with that I am doing the same for my team under me and it’s been great

[@qushawn869]

This was a great video. I just started with Primerica, first I was with PHP and they definitely were very rah rah..selling the dream and recruiting..with Primerica I’m completely remote and it seems a little better. I don’t want to focus on recruiting right away, I want to learn about insurance and the products and selling the products.

[@Melissa-cb2uy]

Everything isn't for everybody. If for some reason you're not sucessful with it that doesn't make it a scam. 🙂 I truly believe your experience depends highly upon what leadership you're under, and how coachable you are.

[@johnd9541]

MLM is a strategy that insures the majority lose.

[@mandilohr6362]

Natural selection I guess

[@wynokacasteel1835]

Thank You Sis!

[@Poetiksunshyne]

I am a Licensed Primerica Agent and I love the company. Primerica helps you to self develop but you have to want to better yourself. As long as Primerica do what they say they’re going to do then I’m not going anywhere. So many people are winners in this business and you just have to tough skin to win. If you’re a complainer then you won’t succeed.

[@debsaver6632]

The comp levels are low

[@johnd9541]

Can you express the term "so many" as a percentage or body count please?

[@evekko10]

I’m a stock broker and mortgage loan officer with PFS investments. I would never leave in a million years. If you don’t understand recruiting you don’t understand business. We run our own business here, if you want leads given to you go work for a bank.

[@johnd9541]

Maybe you wouldn't leave, but 1.5M left over the last 5 years alone.

[@elliotoliver8679]

LOLS

[@michaeljacobs916]

Can’t wait for to listen to hear about the Alliance and WFG and the Senior Life Groups, hearing takes are opinions

[@thepianist7084]

I was a WFG rep for about a year, and I am embarrased to admit it. But it is a bunch of rubbish and ra-ra money-making scheme with no real concern for the clients.

[@dsgcarlos6318]

I just had a meeting with an RVP earlier today about potentially joining, i have a “class” or “training” tomorrow i have a weird feeling about the whole thing I’m not entirely sure about going.

[@Krossiant]

As do I. I decided not to go

[@jrellondon751]

I joined. I think its the messenger that matters to. For me my cousin passed away with no life insurance and left behind 4 girls. I cant let that happen again :/

[@keniagarcia948]

What do you have to lose if you go? Nothing right? So why not go and learn for yourself? Are you a person that let others’ opinions decide your future or you take charge of your own decisions. If you’re thinking of going it’s because you want a change in finance right? So why not go since you have absolutely nothing to lose.

[@johnd9541]

@@keniagarcia948 What do you have to lose if you go? Well the minute you attend the first class, you are no longer able to get a refund of your sign-up fee.

[@Followeroftheway1886]

​@keniagarcia948 you're all sweet talkers. The drop out rate is what it is for a reason. Selling people bull crap promises while everyone pretends to be Christians.

[@TherealTFfromKingston]

Currently between Northwestern Mutual’s recruitment and Primerica’s recruitment processes. If anyone has some insight and pointers, please drop them down below 👇

[@amirasiya07]

Just do sound business….and realize you have to go through a lot of people, recruiting is the crux of your success! -Are they married? -Do they have kids? -Have they been on their job for more than 7 years? -Are they between the ages of 27 and 50? -Do They have any health issues that requires them taking more than 3 pills?

[@lenawashington2443]

If you continuously write good business then chargebacks are not a huge deal. People pass away, lose their jobs, or switch carriers so to think you can avoid any chargebacks in life insurance is just not the right mindset.

[@johnd9541]

When recruits leave after a few months, cancelling the policy they were sold upon joining is often the first thing they do.

[@Thraaks]

because of the way it works depending on your upline you will either have a really good experience or a really bad experience because each upline shares different processes for developing the different aspects of what it takes to be successful at the business model like prospecting (recruits) for example there are different methods taught by different uplines I can see why there are a lot of bad experiences but there are definitely a lot of good ones too. Its not for everybody.

[@johnd9541]

So now you're saying there are compliance issues as well?

[@Werewolf-Future]

When I joined, I was under an NSD, who seemed to want to push the entire team to get to RVPs. It was a constant kick in the ass from him, and it made me realize that if we branch, he makes more money. His house was massive and bought on the backs of many people who didn't make it out that rich. To really sell these products, you'd have to be okay with an entire town hating you. People hate being harassed, and after covid, nobody is looking to invest in long-term investments, 90% of people are stuck on survival, and the market is drying up.

[@johnd9541]

RVP's are required by policy to rent/lease storefront office space. Likely that NSD acted as a landlord and made a good chunk of his stated earnings renting space.

[@douglasnadybal7125]

There is no such thing as a company that does not have chargebacks for cancelled policies. Its not a Primerica problem. Its no different that any other business where customers can return goods.

[@johnd9541]

Do you know how many policies fall off the books each year? Hint: It's not a small number.

[@TOPGUYTV]

You have to talk to people who understand what they are getting and to inform them it’s not a get rich quick scheme.

[@Simplywhitneycarter]

Have you heard of The Alliance? What are your thoughts?

[@troydeweever4091]

Primerica is the best company out there. You just have work like any other company.

[@roxaneschellingerhout5595]

Charge backs happened ALL THE TIME in Primerica.

[@lukevaxhacker7762]

When you sell clients who don't really need the insurance you sold them… Happens with *every* company that does a commission advance… 🙄

[@johnd9541]

@@lukevaxhacker7762 When you sell to new recruits, they typically cancel when they leave after a few months. Hence the high new policies issued vs total policies cancelled ratio.

[@johnd9541]

@@lukevaxhacker7762 Also when you sell to new recruits, and they cancel immediately after leaving the opportunity as well as having their family members and friends cancel.

[@dannywallace1210]

Life, People that work harder make more MONEY.

[@uaman11]

did anyone get scammed like a hundred dollars back in 2016 when they drag you in and make you pay for the cert class its all bs

[@ItsDaYungin]

The money you spent was not a scam you could’ve still taken your state exam, got your license, and become an independent agent in your state not tied to a company

[@idontcare-sf1vb]

@@ItsDaYunginthank God because my husband just spent the money to get me the classes 😭 I’m hoping I can get my license and it works well 🤞🏾

[@prettyboishah2898]

​@dayungin856 Really, i didn't know that, the primerica agent who ive been speaking too, told me how the certs/course is free provided by them, but i have to pay for the license provide by them. Is it worth it?

[@anjallama4986]

​@dayungin856 You can get an insurance license without going through Primerica, thanks for proving their point. 😂

[@keniagarcia948]

😂😂😂 how is that a scam?

[@waynejohnson2894]

Ladies & Gentlemen, anyone approach you about Primerca run. If you are already in it, get out!!!!

[@TheDIGAgency]

Thanks for sharing.

[@stephenrobertakuchurean6384]

We were clients for 15 years before we became representatives. Obviously you don't know what you don't know.

[@johnd9541]

@@stephenrobertakuchurean6384 Who is we?

[@ramontsjoseph]

Do one on "USA benefit group".

[@ArmyLatinoUSA]

I lost $35000 being a rep. I went back to fitness training people

[@stephenrobertakuchurean6384]

Really, how would you lose that much money, it does not add up! Calling BS.

[@johnd9541]

@@stephenrobertakuchurean6384 RVPs are required to rent/lease/own storefront office space as well as cover all overheads. Clearly you have no idea how much that can cost

[@ArmyLatinoUSA]

@@stephenrobertakuchurean6384 send me your email I will send you my bank statement 🤡

[@johnd9541]

@@ArmyLatinoUSA Rent, Office equipment, enhanced POL, travelling expenses, accommodations, fuel etc etc adds up quickly.

[@missdesireindependance5194]

Did you have to travel to people’s houses and did you buy leads?

[@Insureme601]

I felt the same way with Lincoln Heritage. They force and harassed seniors. I just couldn't do that

[@jonathanmcintosh1969]

Thank you for this video

[@michaeljacobs916]

I can’t wait to hear about companies . It’s coo because we can make our own decisions

[@Sideler74]

Who is this ex Primerica agent? What's their name? How long were they "in Primerica"? What level did they get to? Who's office were they in? What licenses did they obtain?

[@johnd9541]

Oh right. Let's assume she's an exception to the rule? lol

[@YuhuanSong]

It’s a scam. Please leave. David has to be professional. I don’t.

[@Thedevilisaliar23]

Where you duped or duped others? I want to know the truth if I were to join

[@johnd9541]

@@Thedevilisaliar23 The truth is, they burn through about 300,000 people each year.

[@Powertalks2022]

What makes it a scam ? I hear yall say this but why

[@douglasnadybal7125]

The scientology of life insurance

[@lufecano]

How about if I recruit a lot of friends and write them hi value policies, then get the advance commissions and later on my friends cancel their policies , am I supposed to keep the money?

[@johnd9541]

Depends on how soon they cancel, but like all subscription services, the bulk are cancelled within the first year. And if they are recruits (who leave at an annual rate of 87%) this is especially true. Cancelling will be the first thing they do after leaving. This will result in huge chargebacks.

[@cccbbb4443]

For people saying it's not a real job....it ISN'T! It's a business opportunity. If you have an employee mindset no business opportunity will work. It's like college. It's not for everyone but too many people have had success and graduated to say its a scam. Take it upon yourself to get better and learn all the products to make yourself a better agent. There is plenty money to be made without recruiting. If you open a store and only sell t-shirts then it's harder to make it than if you sold shirts, pants, shoes, etc. Most people who say it's a scam never got fully licensed and quit before they start because they think it's a job

[@johnd9541]

And yet over 40% of the licensed force leaves each year?

[@Joe-ij7nw]

If there is so much booming business going around, how come new recruits have to pay all the licensing and fees? I'm a business graduate that graduated top of my class and have had the "business opportunity" sales pitch thrown my way. MLM is not a opportunity and it's NOTHING like getting a degree. It's sad that you feed on people's hopes and dreams and gas them up on "financial freedom" only to discard them saying they didn't "want" it enough or they didn't have the "right mindset". These are real people with real needs. Ya'll sell life insurance but have big conventions to keep the hype train going yet can't pay for new employee's basic training? That's not an opportunity, that's a trap. You're just too deep into the sunk cost fallacy to admit it. Should be ashamed.

[@CrochetLover85]

RED FLAG: "employee mindset"

[@coffeewithjessica1814]

They do pay for all licenses and it’s people like you who never got into it and understand it but telling people it’s bad

[@outsidethegamingbox1107]

I was there for 1 month. I feel like I got out late compared to most haha. The job is super easy, do-able but not rewarding at all.

[@prettyboishah2898]

I like doing presentations and what not, and pitching ideas, do you think its worth it. Did you actually make money?

[@D4llast]

@@prettyboishah2898 Man dont ever step foot there, if you like doing presentations and pitching ideas get a marketing certificate in a recognized university and become good at powerpoint and presentation softwares. The average annual salary of a primerica employee is 8000 dollars, thats 4 times less than a mcdonald employee, furthermore in that 8k they added the top earners in it, remove them and that shit is going down to 4k

[@johnd9541]

@@prettyboishah2898 99.7% pursuing MLM opportunities lose money when all costs are factored in.

[@qntainmnt]

In 2012, Primerica was the target of multiple lawsuits alleging that the company's representatives sought to profit by earning commissions after convincing Florida firefighters, teachers, and other public workers to divest from safe government-secured retirement investments to high-risk retirement products offered by Primerica. MLMs are always nefarious

[@amirasiya07]

And they’re still around and. Currently on the U.S. stock market with shares a$21

[@johnd9541]

@@amirasiya07 Herbalife is still around after being fined $200M, as is Advocare after being declared a pyramid scheme.

[@honkhonk1555]

Safe and government should never be said in the same sentence

[@Liveboymo816]

After you join it’s on the agent to learn the actual business recruiting is just a part of building your own team but it has nothing to do with making money unfortunately statistically only 6% primerica agents work full time and uphold ethical standards

[@johnd9541]

Good people remaining in a poisonous environment become poisonous by default.

[@jasonherman9257]

It could take 3 years or more just to make any kind of money out of the business and even that isnt a guarantee to me its not worth it

[@johnd9541]

Because MLM is so dependent on warm markets, the longer you're involved, the fewer prospects you have. Eventually, everybody in your circle has heard the pitch. Most MLM'ers earn their greatest commissions (if any) within the first month. After that, it's all downhill.

[@lukevaxhacker7762]

The only presenting the good and glossing over the bad happens all over. I could use a dental implant. The dentists just made the necessity to drill in towards my sinuses as just an add-on. Then came the bill, which was an order of magnitude more pricey than my the ones for my mostly missing teeth! And billing was *screaming* at me to pay up the several thousands of dollars *immediately*. Not really happy with this UCSF Dentistry department. Wife wants second opinion, see if my tooth can be saved…

[@alimohmmad2079]

It is 100% a scam it’s not a real job !

[@cedg5634]

Of Course it's not a real job if it's sales but that doesn't mean it's a 100% scam.

[@johnd9541]

Primerica loses almost as many policies annually as they sell, including recently sold policies. In 2023, they only gained 10,000 net customers for the year.

[@NailTalkWithDACNails]

Where did you find this information?

[@johnd9541]

@@NailTalkWithDACNails SEC-filed Annual Reports (10K's)

[@johnd9541]

In 2023, while 358,860 new policies were issued, 277,721+ policies were cancelled (including policies that were issued). Expressed as a ratio, it works out to 77.4%.

[@PepNoSalt]

It’s all about the upline…you have to have a great leader

[@zaradiansehart7994]

When You Work for an employer they sometimes use indeed to let you apply right think about it most employers have over 30 employees right so think of that like Primerica your starting a business and you need people to help you Do the McDonald's or Walmart owners do work? Do they check customers out ? I'm pretty sure they had to , to start off 🤗 But Now The Hired People To Check Customers out and work Go big or go home 💕 This Is A Legacy For You And Your Kids Life Insurance is not the only thing Primerica do just like burger isn't the only thing McDonald's sale and TV's ain't the only thing Walmart be real with yourself you can't pass down a job to your spouse or kid

[@D4llast]

No. With primerica you are not starting a business thats one, secondly the people you ''recruit'' will only get money by ''recruiting'' other people. The insurance being sold is way above the market price, 124$ entry price ? Last time I checked I dont pay mcdonald or walmart to be able to work. The average salary is 8000, mcdonalds is 4 times higher. BS.

[@sifastoner-ceo3235]

Primerica products are real and legit. Also, recruiting is not mandatory. You don’t have to listen to your pushy RVP. Also chargebacks happen with all insurance agents. I canceled mine with New York Life and the agent was charged back. I don’t pressure people ands I don’t offer anything they can’t afford. I am comfortable making 25% commission. I also have seen the real growth with the investments side. If you make the business about recruiting to promote up etc then you are building a bad name and it shouldn’t be the company fault

[@johnd9541]

Any ideas how many policies were cancelled company-wide in 2023? Hint: You would be shocked!!!!

[@GeauxRight777]

Most MLMs promise dreams that never happen

[@irisberkheimer]

soooo it’s an MLM lmao As a customer I would never buy life insurance from anyone working in an MLM

[@deviousdevion]

I understand what you are saying but the (mlm) does not have anything to do with the product. Please before you get life insurance from one place go somewhere else and get a second opinion. Most people lump it in with car and home or rental insurance through the company they already have and get what they think is a savings if they don’t die within the contract time let’s just say that’s murky water. Peace

[@johnd9541]

@@deviousdevion Being an MLM has everything to do with the premiums charged, and the people they target.

[@mo2890]

I haven't fully made up my mind on it but I felt the same way. However, most insurance reps make commission no matter where you go.

[@louierockefeller9371]

I just had a meeting I was confused

[@Ed221-j9n]

After watching this video, I would join prime America

[@tonystorcke]

Anything can be called a scam. Mcdonalds, Met Life, ANYTHING that requires work.

[@johnd9541]

McDonalds is subject to the FTC's Business Opportunity requiring full disclosure of their opportunities. MLM fought to be exempt from full disclosure rules.

[@iloveKeiran]

Like... why are they so obsessed with PROMISING ME HYPOTHETICAL REVENUE DOWN THE LINE. That's exactly why I STOPPED SELLING MERCHANT CASH ADVANCES. Kick the can is not my game. Jesus Christ they're trying to get me motivated about my own future saying "XYZ person didn't want to recruit either, but look at her now!" I ask what do you mean look at her now? She has a full time job outside of this, and somehow made time to speak to an 18 year old girl for 2 hours on zoom? Jeez I'm envious.

[@WillKlaver]

.. sounds to me like you're still selling Primerica under a Deceptive Guise .. 🤨💯

[@BluesBoy-ij2rb]

When in sales you need proper leads which you can buy , for instance if selling life insurance youll want leads with someone with a young family that you can express a need "to protect that family financially god forbid something should happen to the bread winner of that home"..........investments , you want to find leads for a younger person with a good job that should be starting to invest for the future , if you want to try and sell to people with big money buy leads for people who own yachts , own Porsches, you can buy leads for small business owners if your selling health insurance ,etc etc etc .........if your selling a product that's legit and you believe in it , you'll have no problem , if it's a garbage product , its not so easy providing you have a conscience ........good luck !!!!

[@evekko10]

You hurt so many people by discouraging them to recruit If no one recruited me I wouldn’t be a stock broker, mortgage loan officer and able to build a million dollar business! If you don’t feel comfortable talking to your friends and family about what we do, you do not understand what we do!! Dude…charge backs are part of building your business These whiners need to be an employee and stay in their box. 😮

[@johnd9541]

170,000 reps.......10,000 net policies gained.......for an entire year. lol

[@ROYAL12366]

What’s the never name of your multi million dollar business? Is it also a MLM?

[@lufecano]

I love your face gestures they are supposed to make me believe you talk the true . 😁 😂

[@hashembeitvashahi405]

Its not S.C.A.M. you just STILL. CONFUSED. ABOUT MONEY .

[@Alexander-oe9gb]

All I know is that the SCAM you talk about ...rented the BENZ STADIUM in Atlanta , with 50k people inside

[@johnd9541]

actually 35,000......and they each paid $150 (plus $50 for each side seminar), plus travel, accommodations and meals. Interesting to note, the convention is held between sporting seasons during the intense heat month, when venues can't give away their facilities.

[@Eio395]

It’s a pyramid scheme lmao literally all that money is from the people they steal from they don’t pay a dime

[@williamjoseph1300]

Publicly traded pyramid scam

[@randelehmkuhl8726]

Absolutley! At least 90% of their recruits fail to make it past the first year, but they have brought their friends and relatives as accounts which accrue to those at the top. It's a brilliant scam, but one which should be shut down by every state's Attorney General. Almost on a par with tRump University!

[@alimohmmad2079]

Base pay V commission is SCAM!

[@williamjoseph1300]

If they don’t give you a decent base salary and then give you commissions you know it’s a scam because they aren’t investing in their employees

[@stephenrobertakuchurean6384]

@@williamjoseph1300 You need to become a real estate agent, they have a base pay plus earn a little more when they sell a home.

[@bryannnnnnnnjaja22]

Primerica is the best opportunity out there! Has the most 6-7 figure earners in america today. Im sorry all of ya are not educated properly. Understand every office is different. Im happy to be in an office where they do the right things . Theres a reason why this girl quit. She got lazy ane didn’t work.

[@johnd9541]

Has the most 6-7 figure earners in america today? Do you always quote anonymous MLM blog facts?

[@marinakill55]

The major takesways are the commission (25%) lol when you can get 100% or more with better carriers. Your primerica downline can be removed from you & placed with some other rep so they can be rvp 🤣 and the fact they cannot cover everyone in the household was enough for me to leave. But lastly the other carriers i have do not charge me a month's fee to represent their product! So infinite free training & even on whole life products🤣🤣🤣

[@AJAM23]

What would be the alternative to primerica?

[@johnd9541]

@@AJAM23 Herbalife or any other MLM.

[@monicabetancurrealtor7311]

GFI is where it’s at…

[@monicabetancurrealtor7311]

@@AJAM23GFI

[@christinenelson9916]

There is nothing wrong with Primerica. When you put people first, the money will come. When you put people second and money first you get that female's results of chargebacks and rightfully so.

[@johnd9541]

So they obviously put people second then.

[@christinenelson9916]

@@johnd9541 People 1st money 2nd.

[@johnd9541]

@@christinenelson9916 People, as in, recruit.....then sell to those recruits who are eager to prove their loyalty. Right.....got it.

[@dawnfinley1166]

I'm having a great time with Primerica!!! Licensed in Michigan since February 2022 🎉 This video is really misleading.. If more people looked at insurance as an investment and not a Bill there would be less charge backs. I'm that instance you don't spend all the money.. Put some to the side to cover potential charge backs. I don't approach my potential clients like these people in the video.

[@noahkeener]

That is awesome to hear. I am also building my Primerica business in Michigan and agree with your thoughts on this video. I/we do not operate how was described in this video, love to connect with you and talk ALW

[@jessielynn]

How much did you make from Primerica last month?

[@johnd9541]

@@noahkeener True, it's much worse.

[@fechnerjean-philippe3238]

So you want to cold call 200 calls a day and bother strangers and get hung up on all days? You believe that it is better to talk to strangers or help strangers before helping people you love?

[@ashleyduff9081]

Do yall realize every single place of business "recruits" in order to hire enough people to do the job? Just because you didnt do well doesnt mean it is a scam. And yes, there are bad people in EVERY industry, so of course you are still going to find bad people in primerica. That doesnt make the entire company bad. Yall will say anything to make yourselves feel better about failing at something.

[@johnd9541]

When companies hire people, their employee count goes up. Primerica has focused on recruiting for 40+ years yet their selling force is half the size it was in the 80's.

[@andreamiller4319]

Scam

[@Alexander-oe9gb]

All I know is that the SCAM you talk about ...rented the BENZ STADIUM in Atlanta , with 50k people inside

[@Jonathanest90s]

Homie, this is a scam.

[@TheDIGAgency]

Thanks for sharing!

[@penguins8933]

If you have to ask if a job or company is legit that's a pretty big red flag lol. Just stay away.

[@Zatvol2]

Maybe they found out she is a lying cheater, and they didn't want to work with her.

[@erlindawall1583]

As A leader in primerica, It sounds like she did not have proper leadership here which is unfortunate, who you come here with is very important!!! Due to the opportunity of ownership everyone operates differently! Karma is A real thing! Having good intentions is everything!:)

[@msqueeneats]

I didn't have a good uplead either. When I failed my exam she made fun of me instead of helping me. Turned me off real quick

[@CleanupKrew7]

Ohh buuuuuullsh*t. 99% of people that join Primerica get burnt. The ONLY reason you don't think so is because you're a "leader" IE one of the only people that actually make any money. The business you're working for scams people. The insurance is fine, everything else is an absolute scam.

[@Kindaborediguess]

Yeah, I’m Impressed by the market performance. Anyone who knows a thing or two about business knows the charts tell you all you need. Everything else is just superfluous noise

[@anthonymazza114]

i just got my license under primerica and i have to say the person im under has made it pretty obvious that i was just recruitted for their benefit

[@krystal6495]

You can say whatever you want but y’all are SCAMMERS. Ofc you’re gonna make it sound all amazing because this benefits you. Shame on you for profiting off of others being uneducated on what you’re doing. Y’all are EVIL.

[@yanelayane3365]

6:33

[@jesse75]

Anything MLM is suspicious.

[@TheDIGAgency]

Thanks for sharing!

[@jesse75]

@@TheDIGAgency Dense.

[@CarlosCruz-wh9bx]

5.7 Million lives insured 2.7 million client investment accounts $917 billion term life insurance in force $84 billion in assets 47 years in business and you still calling it a SCAM??? 😂…. Get a real job

[@johnd9541]

Herbalife was around 40 yrs before paying a $200M fine and being placed on 7 yrs probation. Advocare was around 29 yrs before being declared a pyramid scheme by the FTC. Coincidentally, Advocare is still operating after paying a settlement.

[@johnd9541]

It's so good Prukner and Matlock Jr left.

[@desheathelashpreneur2055]

😂😂😂

[@barbaraadams1475]

👍🏽👍🏽👍🏽👏🏽👏🏽👏🏽👏🏽👏🏽

[@takeheartovercomer9138]

I hate primeamerica they are so aggressive for no reason. No means NO!

[@LutherPittman]

Primerica is not a MLM company

[@jonmorton8792]

You've been lied to Luther. It's absolutely an MLM, but worse

[@johnd9541]

Your corporate President disagrees with you. So now what? Sounds like you're not a fan of MLM? www.ftc.gov/sites/default/files/documents/public_comments/business-opportunity-rule-535221-00056/535221-00056.pdf

[@johnd9541]

Wrong!!!!! www.ftc.gov/sites/default/files/documents/public_comments/business-opportunity-rule-535221-00056/535221-00056.pdf

[@ethanh5217]

What is an mlm?

[@kwg369]

@@ethanh5217 Multi-Level Marketing. People often claim MLM is a pyramid scheme.