EDitor's Comment: Rip-off Report Investigation: Primerica gets a POSITIVE RATING in customer support from Rip-off Report and is fulfilling its commitment to provide excellent customer service. Primerica pledges to resolve complaints and address representative issues. For a long time this EDitor had concerns about Primerica because of the number of Reports about them. For many months Rip-off Report was looking into the company, even before they contacted us to resolve any issues and mostly misunderstandings being posted by competitors. With over 100,000 representatives and 6 million clients, Primerica is bound to be the subject of a certain number of complaints about improper agent conduct, as well as product and administrative complaints.
Rip-Off's investigation found such complaints, but importantly also found that Primerica is committed to resolving such complaints quickly and doing everything possible to satisfy its clients. It also takes appropriate action against any of its representatives who are found to have conducted themselves improperly or unethically. We believe that the number of complaints against this company, whether through the Internet or other channels, is small when put into the context of its enormous size. Most big companies would never commit themselves like Primerica has. Read our investigative Report and Primerica's commitment to 100% consumer satisfaction. www.primerica.com provides products and services through independent representatives. Primerica www.primerica.com has more than 100,000 licensed representatives who serve more than 6 million clients in the U.S., Canada, Puerto Rico, Spain and the United Kingdom. Through a Financial Needs Analysis www.primericafna.com, the companys representatives provide a snapshot of a familys financial picture and suggest a strategy for financial security via Primericas products and services www.primericafinancialsolutions.com. Primericas business opportunity is attractive to people from many different backgrounds, including women www.womeninprimerica.com, African-Americans www.primericaaalc.com, Hispanics www.primericalatino.com and young adults www.generationprimerica.com.
Last night I went to an interview for Primerica that I thought might be beneficial to my degree. I have a medical assistant degree, so I have been putting my resume on the internet searching for employment.
Well I got a call from Primerica stating that they are a medical financial service company. I thought wow great this could be right up my alley. Well I got to the interview to find out it was a group interview. Previously that day I had called my recruiter and asked if this was a marketing, sales, or telemarketing interview of any sort. She said no, so I figured I would go.
Anyways I got there and right off the bat I figured I had been lied to. Being as nice as I am I gave it the benefit of the doubt. Then I started to notice things that really didnt seem right.
Like first two of the speakers were talking about their life experince with Primerica and how they helped them to get out of debt and the speakers spouse, well neither of them had a wedding ring on and the lady speaker was a little unsure of her "so called husbands name".
Second, on of the "VIP" was showing a slide of people who had "worthless" jobs before Primerica and where they are now thanks to Primerica, well the guy couldn't even stay on the right line and couldn't even pronounce half of the crap he was trying to say.
Then to top it off I asked my recruiter what this had to do with my medical field. She stated that people need to buy life insurance, because something could happen and they could die and in the medical field, you deal with death. That was the connection she used to get me there.
The lady next to me use to do apartment leasing and her connection was that you have to buy mortgage help on a house or apartment and so since she use to lease apartments, that was her connection.
Give me a break, they literally will pull anyone and anything off the street. What's funny is they state from the beginning "this is not a pyramid scheme", however you recruit people who recruit people who oh wait recruit more people and get paid for it.
Pyramid---hello. Then what makes me laugh is instead of the word commission, because a lot of people do not want to work for commission, they call it "compensation", you know they tell you you'll make $1,000 for your work, its not commission, but we will "compensate" you a $1,000 for your first recruit.
Please, same thing. Then about an hour into the meeting they drop the bomb on you. You can have this great job, at $199 cost to you, on the night of your meeting.
Then you have to work at least 5 years before you will see any kind of "compensation" worth seeing and then you will receive $82.50 back of the original $199 you spent to give your license, oh if you train for 5 hours, and you pass the test.
Not everyone passes the test.
Also this is not a telemarketing company is a kitchen table marketing company.
You go to people's home after 5 hours of training and tell them what to do with their money. Please I would not want some "warm body" coming to my home and telling me how to spend my money, when Ive been spending it the way I want to spend it for years.
This company is a ripoff and a scam, and I wonder if the people they are supposively a branch off of know what they are doing.
This company is dragging the main companies name through the mud and back again.