This is where I find fault with the MLM insurance recruitment strategy Primerica follows.Ī new agent should focus on one thing. Would you train with a surgeon who’s done zero surgeries? You need to develop your skill set as an insurance agent prior to bringing on new agents.īecause they depend on you to train them. However, you must learn to crawl before learning to walk. I recruit agents and make money off of each of their sales. Not that there’s anything wrong building an agency. If you attend a Primerica opportunity meeting, you’ll notice a sizable effort placed on recruiting new agents recruiting others.Īnd if you think this sounds silly, I tend to agree with you! In short, Primerica follows a multi-level marketing formula of duplication and recruitment. In turn, this creates a passive income stream, as you make commissions off of every sale your downline recruits make. The concept is that you can increase your income through duplication, faster than simply selling a product alone. In case you didn’t know, MLM companies encourage new recruits to recruit friends, family, and co-workers into their downline. One reason is because of their multi-level marketing (MLM) culture of recruiting. If Primerica isn’t a scam, why do so many people say it is? Is Primerica A MLM/Multi Level Marketing? Luckily, by the end of this article, you’ll have a good idea of what the answer is as I describe the different variables. It’s only through comparing one insurance sales business to another that you can determine which agency is best FOR YOU. In fact, ALL insurance IMOs and agencies claim their organization is the best thing since sliced bread. Just because the company is legitimate, doesn’t mean that it is the best insurance agency to work for. Many attest to their positive experience working for the company and the income they make. In fact, they are a publicly-traded company on the stock market, and have operated for decades, helping people with their life insurance needs.įurther, people DO make money in a Primerica career. Is Primerica a legitimate company? Is Primerica a scam you should avoid? PS: Check out my insurance sales jobs reviews of other agencies for more information.Īllow me to address the most pressing questions many have reading this Primerica review article.
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