Who the hell are you?? I've been working for Primerica for some time now and I've done all my research and witnessed life-changing makeovers first hand. If you wanna tell me this is fraud, you better do some more research. I love how you put everything down, but I bet you any money, you never came to an overview. We talk about our company, what we do for families, job opportunities and compensation!! There's zero obligation involved but somehow everyone thinks it's a scam. A.L. Williams was investigated in 1980 to see if it was indeed an illegal pyramid and guess what the judgement was?? There was zero evidence pointing to it being a pyramid, and the guy who was the head of the investigation became an A.L. Williams (now Primerica) associate and representative.
And for those who think we take you cash values, guess again. We rescue your cash values and put them in high interest variable annuities for you at your retirement. If we didn't rescue them, YOUR LIFE INSURANCE COMPANY IS GOING TO TAKE IT IF YOU DIE! The only way you can receive you cash value is if you live to age 100 or cancel your policy. READ YOUR CONTRACT!!!
--Patrick Skinner
P.S: Wanna call me? Here's my personal cell phone number: (570)-578-0395
Put down that glass of company Kool-Aid, and come out of your rah-rah-rally for a moment.
I was an agent for over a year. I saw, first hand, what the cashflow earnings of the entire heirarch looked like. One guy sitting on top of the pointy-point of the pyramid, living the good live. A bunch of RVPs going to rah-rah-rally, chanting & so on, their wives doing their little jiggy dances......so funny........because the real truth is that when you subtract the cost of HEALTH INSURANCE and the cost of their OFFICE LEASES AND OVERHEAD........well they weren't paid any better than the guy who rides public transportation to work every day. REALITY CHECK MY FRIEND. Check your sheets and see how precious few people make squat in the deal, and how many people are running around like crackheads chasing their piece of the brass ring.
Now, if you still would like to be a smart-[***], post your location, heirachy, and solution number. That way we can have someone check on your REAL EARNINGS. You can mouth off, you can even win your bling-ring, but I can prove to you from the cashflow sheets that this is true.
Now my friend, a little pyramid education:
Brandon Neil can never be bigger than Chris Howard,
who can never be bigger than Hector,
who can never be bigger than Mike Sharpe,
who can never be bigger than Art Williams, who bastardized the entire industry by creating the AMWAY of the insurance world.
And, this is how all pyramids work. By the way, don't quit your day job.
When talking about insurance contracts, please be careful. Primerica agents are notoriously uneducated about financial services. You get the so-called "Rule of 72", and think you are a financial planner. You get a load of B.S. about how UL policies work..........and you are on the edge of legal action every time you open your little yapper. Read YOUR contracts, IBA agreements, and YOUR STATE REGULATIONS!!! And your little FNA is not unique, nor is a finacial plan, but only a dumbed down little version of what everyone else can do.
If you knew squat about variable contracts, you'd be care about saying that you "rescue cash values" and put them into "high-interest variable annuities"......which implies that your variable accounts will always have a better return than any fixed account. Dangerous again my little friend.
Go out and read some books and get your head out of the rah-rah rally for a moment. Then, get some E & O insurance, because your little butt can get sued off if some guy turns 65, with his "high interest variable annuity" a bit off due to market conditions, and needs the insurance that he would have had if you hadn't come in and screwed him up. You need to understand......I know they didn't tell you about E & O because they never do. If you screw up, don't expect Addison to come riding in to save you. You will be out to dry, and your little upline characters will be ducking for cover.