Is working for Primerica a good idea?

This company is amazing and has made a huge difference in my life. I couldn’t ask for anything more. They pay for you to get your life license and pay a nice training bonus. You can go as far as you want in this company and build your own business that you lead you to financial freedom.

What is the success rate of Primerica?

In 2017, there were 303,867 new recruits, but only 48,535 newly licensed sales reps. That means only 16\% of Primerica recruits ended up passing the licensing exam in 2017. In other words, 84\% of folks who joined Primerica not only failed to make any money, they never even qualified to make any money.

How do Primerica reps make money?

Representatives can earn either by selling various financial products and services like life insurance, mutual funds, variable annuities, segregated funds, loans, long-term care insurance and pre-paid legal services or by actively recruiting more representatives to do the same and get a commissions from their sales.

How does Primerica pay their employees?

Primerica does not have a payroll. You’re an independent agent that work on commissions.

Do people make money in Primerica?

They also make money by their website that you have to be in subscription to monthly and they require their recruits to have this despite of not selling anything. It’s $25 a month so granted there’s 135k agents (like they said they have) Primerica makes $3.4 million every month.

Does Primerica have a base salary?

What is the lowest salary at Primerica? The lowest-paying job at Primerica is a Customer Service Representative with a salary of $50,000 per year.

Is Primerica a pyramid scheme?

A Citigroup arm initially, the Primerica pyramid scheme as a probable pyramid scheme has its headquarters in Duluth in Georgia. Their business is spread out across United States, Canada and Puerto Rico. They primarily use the multi-level marketing method to further their business.

Should I work for Primerica?

Primerica IS a legitimate company. In fact, they are a publicly-traded company on the stock market, and have operated for decades, helping people with their life insurance needs. Further, people DO make money in a Primerica career. Many attest to their positive experience working for the company and the income they make.

How does Primerica work?

Primerica is a network marketing company that sells a range of financial services throughout the United States using a network of representatives. The concept is that people can make their own independent income by selling products or services from this company.