The company has more than 20,000 corporate staff and more than 130,000 “licensed independent representatives” who make up their multi-level marketing (MLM) operation. Primerica is headquartered in Duluth, Georgia. They have been publicly traded on the New York stock exchange since 1989 under the name “PRI,” and their parent company roots back to the early ’80s. is an organization that provides investment, insurance, and financial services to middle-income families in Canada, the United States, Puerto Rico, and Guam. In today’s review, we’ll go over my research of what it is like to be a licensed representative or client of Primerica Inc and whether they are a legitimate company. But there is more to the company and how it operates, which is why you might have heard negative things about it in the past. They are a legitimate business offering a legal business opportunity along with actual products. To get it out of the way quickly, though, no, Primerica is not a scam. I wanted to answer the question once and for all: Is Primerica a scam? I used to work in the life insurance industry for several years, and Primerica didn’t have a great reputation amongst its peers. With over 150,000 employees and a $5 billion market cap, it’s a huge company.īut despite its longevity and success, you might have heard from friends or colleagues to avoid Primerica for several reasons.
Primerica has been in business for nearly 50 years and is a significant force in the insurance game, especially in the United States. It is likely that you have heard of Primerica, whether positively or negatively.
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