(The information I give is for US residents only. Canada and Spain have different laws and licensing costs)
For one, Primerica is definitely not a scam. Its a legit business opportunity. Primerica been in business since 1977 and have over 100,000 licensed representatives. They have over 6 million clients and have offices throughout North America, Puerto Rico, and Spain.
There's 2 ways you can pay for your licensing. The first way is the $99 for licensing + $25/month for POL access. This pays for your life license and your securities license. This is good for people who really wants their business to work. You get full access to company's support system and Primerica will create a website for you. The second way is the $199, which pays only for your life license. This is good for people who only wants to do this business on a spare-time and earn extra income on the side.
As for getting paid for training, that is a false statement. You must be licensed in order to get paid. There are some products that don't require a license such as Prepaid Legal and/or Auto & Homeowner's Insurance (check with your RVP to see if you need a Property & Casualty license in your state). You can get paid on those, but it won't be much (for entry level reps, you get paid around $50). $50 to do half hour of work is better than nothing.
As for it being an amazing opportunity, it is if you only get to work. There's many people who join Primerica, but they don't get to work. So they don't get paid for doing nothing. So many of them eventually quit. But if you get to work and do it consistently, Primerica will do everything it promise to give you.
Anyway, only you can decide the outcome of your business in Primerica. You can treat it as a real business and work every day on it until you built enough business leaders to run your business. Or you can treat it as a hobby and work on it when you feel like it.
· 1 decade ago