Is there a Primerica scam?  Primerica Financial Services,
based in Duluth, 먹튀사이트, is a financial services marketing
company with approximately 100,000 licensed independent
representatives, many of whom work on a part-time basis.

Through these agents, the company sells financial products
and services that include term life insurance, mutual
funds, variable annuities, loans, long-term care insurance,
and pre-paid legal services to over 6 million clients
through a network marketing sales model.

Founded in 1977, in addition to its 100,000
representatives, Primerica has more than 2000 employees and
conducts business principally in the US and Canada. The
company also operates in Spain as Citisoluciones. Primerica
and its affiliate companies are subsidiaries of Citigroup
Inc. (NYSE:C).

Distributors earn a commission based on the sales efforts
of their organization, which includes their own sales
efforts as well as the leveraged sales efforts of their
downline.  The Primerica opportunity is as an independent
contractor to the company, not as an employee.

It is a business opportunity, not a job. You are not an
employee. This is where a lot of people either don’t
understand the opportunity, or have been mislead about the
opportunity, and believe it is a Primerica scam because
they believed they were becoming an employee.

The sales industry differs from traditional employment
because with commission sales, you are a licensed
independent contractor and not an employee of the company.

Independent, unsalaried salespeople of multi-level
marketing, referred to as distributors (or associates,
independent business owners, dealers, franchise owners,
sales consultants, consultants, independent agents, etc.),
represent the parent company and earn a commission based on
the volume of product sold through each of their
independent businesses (organizations).

Independent distributors develop their organizations by
either building an active customer base, who buy direct
from the parent company, or by recruiting a downline of
independent distributors who also build a customer base,
thereby expanding the overall organization.

When you join Primerica as an independent distributor, you
are generally trained to first study for and then pass your
state life insurance exam. This usually includes completing
mandatory pre-licensing class work, as well as passing the
test, prior to making a life insurance product sale and
earning a commission.