Complaint Review: Primerica Financial Services - Springfield Missouri

It is no honor to work for this outfit. By they way, most major companies that want you as an insurance agent PAY for your training. My sister has her series 7 and all her licenses at her current job, a major bank, they paid for ALL of her training. Primerica focuses on people with NO knowledge of the industry, so these people generally have no idea what they are getting into. With PFS, you are self employed thereore you get no benefits whatsoever, you get hounded for the names of friends and family. The recruiters are ruthless who will tell you ANYTHING to get you hired. They are such a joke. I hope people read these complaints before they are gullible enough to take employment with them. Yes I work for corporate america. I also make a base salary, commission, cash spiffs, won and all expense paid, tax free vacation, and I get a full benefit package. PFS sucks alot more than my job.

In response to the statement that you pay $199 for your licensing and school, but school isn't required...well, maybe that isn't the case in Michigan. However, what good would you be as an insurance agent if you never went to school and actually learned about insurance? Depending on the quality of the teacher (of which I had a very good one), the $199 may or may not be worth just going to school and learning about life insurance so you can make the decision for yourself on what insurance is best for you. In Oregon, where I'm at, you are required to go to 50 hours of school to get your insurance license, which covers Life, Health and Law. Health is required because of Long Term Healthcare Insurance. In my town, to go to a training facility and get the same class (except instead of listening and interacting with a teacher, you sit at a desk and listen with headphones), except you have to pay around $400 to $500. $199 seems pretty insignificant now, as does going to class. Miss With Recruit, Hit With Sale Doesn't sound very glamorous, but this is the case. Yes, recruitment is #1, because who isn't looking to make more money in their life? Not everyone who is recruited is asked or expected to make the big bucks. Many are hired with the expectation that they make an extra couple hundred or thousand a month to invest, save or realize their dreams. I work another job at the same time being a Primerica agent, and I'm happy with the fact that I'm not making a lot of money, but at least learning about insurance, investing, and money in general. I realize I have to work hard to make Primerica work, but with a new baby in my life, I can't make that sacrifice right now. So, getting back to recruiting...someone doesn't want to get involved: they don't like to talk to people, don't like sales or just are too busy at this time. However, they may be interested in getting life insurance to protect their family, or save some money by investing in a mutual fund at 12% for the next 20 years (if they're young). Or they need a refinance or want to get pre-qualified for a Home Loan, or get a Home Loan. I don't see how making your life better or protecting yourself is a bad thing. Primerica is not for everyone as far as a career goes, so it is impossible to recruit everyone. Plus, the fact that only 5% of insurance sold is term life, and that's the insurance Primerica sells, means that Primerica is far from recruiting the world. There are a little more than 100,000 agents. There are 250,000 people in my town in Oregon. One town. A small town, too.