Any experience with Primerica?

Budget101 Discussion List Archives Budget101 Discussion List Any experience with Primerica?

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      Yes, they are MLM. But, yes, they are a good company if you are a customer. No gimmicks.

      I don't think that they are still under Citi's umbrella, though. I thought they broke apart a few years ago. Just like any other captive insurance agent, he can only refer you to HIS products, but if they save you money there is no harm.

      And, unless you have lots of money for investments and life insurance, he doesn't make very much money from you – so its not all about the money for him.

      Good luck. I hope they are able to help your family save.

      On 8/6/07, jpoo68[/b] <jpoo68@yahoo.com> wrote:

      Hi all … has anyone had any experience with Primerica? They are a
      part of Citigroup, and they're geared towards meeting with families
      trying to help them plan their financial future — get out of debt

      (usually via a refinancing), make sure you've got enough insurance to
      cover your financial needs, and of course retirement planning. When I
      looked online a little, the main complaints I've come across is that
      they're almost like a multi-level marketing thing — trying to recruit
      others to come on board and start pushing the services, convince
      others to do the same (kind of like Amway). That's not anything I'm
      worried about, the guy who met with us does not seem interested in
      that, just in helping figure out our financial plans.

      But I have to
      admit, some of it sounds a little too good to be true — their
      investment package for retirement typically does 12% annually? Their
      refinancing deal will not add any time to your current mortgage
      length, and in fact will often cut the time half? You know what they
      say, if it sounds too good to be true …

      I don't know, I hate to sound skeptical. But I also don't want to be
      naive. So anyway, anyone have any experiences or info on them?

      Jill


      Monique
      Euclid, OH

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Budget101 Discussion List Archives Budget101 Discussion List Any experience with Primerica?