Can some one aware me on Primerica

[toolbelt]

They're the only MLM that IS an insurance company.

WFG, PHP etc etc

 

[Al3x Lee]

I will say, @toolbelt has committed a crime on par with Primerica. He posts 5 times in a row instead of typing out 1, concise post.

It's a lot like Primerica, in fact, because while it's legal to do so, it's extremely problematic.

 

[toolbelt]

Even worse. The further we go down this rabbit hole, the more we uncover how terrible Primerica is. Your primary argument is that they're a life insurance company, therefore they're legitimate & legal, so there's no point in scrutinizing their business practices further.

He still probably thinks they have the most million dollar and 6 figure earners of any company, as well as being the only insurer to pay out on 9/11 claims. lol

 

[toolbelt]

I will say, @toolbelt has committed a crime on par with Primerica. He posts 5 times in a row instead of typing out 1, concise post.

It's a lot like Primerica, in fact, because while it's legal to do so, it's extremely problematic.

Maybe, but the words I use don't intentionally have double meanings to spare me legal jeopardy.....potentially.

 

[DHK]

WFG, PHP etc etc

OMFG.

Primerica is an insurance COMPANY. Look up their RATINGS from A.M. Best and others.

Go look them up. They have A+ from A.M. Best.

WFG, PHP, etc are insurance AGENCIES. They don't have their own COMPANY. They are marketing agencies in the purest sense.

 

[DHK]

Your confusing the corner store owner with Coke.

Look up the vast majority of insurance companies. Not agencies... companies. They ALL have reinsurance.

 

[DHK]

Maybe, but the words I use don't intentionally have double meanings to spare me legal jeopardy.....potentially.

No... your words show that you conflate and confuse because you don't use precise terminology.

 

[toolbelt]

No... your words show that you conflate and confuse because you don't use precise terminology.

Question: If 5000 people earn $10k and 10000 people earn $5k, how many people are we talking about in total?

 

[DHK]

Even worse. The further we go down this rabbit hole, the more we uncover how terrible Primerica is. Your primary argument is that they're a life insurance company, therefore they're legitimate & legal, so there's no point in scrutinizing their business practices further.

No... now you're doing it. Toolbelt keeps calling Primerica a Pyramid Scheme. That has a specific legal definition.

Primerica is not a pyramid scheme. They do not have the best practices. Hell, they don't even know enough about the policies that they claim are rip-offs. https://www.davidkinderfinancial.com/post/primerica-iul-hit-piece-de-bunked

Generally speaking, Primerica representatives are not a credit to the insurance industry and I think all the claims in the video are correct... other than calling it a pyramid scheme.

I am very precise in my terminology. Toolbelt believes that everything that isn't right in a company that recruits... is a pyramid scheme. And that's not the case.

 

[DHK]

Question: If 5000 people earn $10k and 10000 people earn $5k, how many people are we talking about in total?

I'm not playing your game.