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Was contacted by Primerica

 
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katt33

posts: 484

Nov 12, 2008 10:03 PM ET    Quote  Report Abuse
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Hi everyone,

I have been contacted by a Primerica manager and went to their so called meeting.  First, does anyone have any experience with this firm?  Secondly, as an independent agent, not an employee, as I have been told I would be, could I be personally sued and liable if I pass on any erroneous information given to me by my superiors in the firm.  I am in NYC, so if anyone can give me any advice or feedback, I would appreciate it.

Katherine

WebJunky

posts: 549

Nov 13, 2008 1:06 AM ET    Quote  Report Abuse
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hi katt,
 
my father had a few reps over at the house to present. dad had invited a few friends as well. some of them liked it and a good friend of dad joined.  he did it for a couple years and was fairly successful at it. it does take a lot of hard work upfront to build the business. but the product is def good wouldn`t you say so? i think there is a good value proposition. i just find it hard to get it across people (dealing with the education curve).
 
i`d defer your question to someone with specific experience in regard to it or an attorney.
 
good luck


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nevadascul

posts: 651

Nov 13, 2008 11:17 AM ET    Quote  Report Abuse
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I did a Google search just now.  There are dozens of sites dedicated to this company.  Here is a summary of some of the information from people who had contact with the company.

1.   It is a Multi-Level-Marketing (pyramid marketing) company.  It is a legal company and
      is part of Ctigroup.

2.   It primarily targets people with low incomes or bad credit scores

3.   You have to pay them for their training

4.   Members are pushed to recruit new members as with any pyramid marketing scheme
     - which is one way to make money.

5.   To make money you have to recruit new people and and sell the service.

6.   They use a very deceptive sales pitch to get people to come in for a recruiting interview.
      Some people for example were told that the regional vise president had recommended them
      for a job.

7.   Primerica does offer legitimate services.





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