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Not earnings, but rather, pre-expense/pre-chargeback gross business revenues based on the daily average rep count and not the total number with them at any point in the year.This was taken from a financial report on Primerica. Their boys are tearing it up.
In 2010, Primerica was reported to have over 100,000 representatives selling the company's financial products, with individual earnings averaging $5,156 per year.
I read somewhere that their hierarchy runs as high as eleven deep. Why would an agent want to have 10 other agents getting a cut off of what he wrote?
That figure is BEFORE cancellations. In 2022, a total of 179,000 licensed individuals were with them at some point, and the corporation netted 10,000 additional policies-in-force for the entire year.the average production of their licensed reps is 1-3 apps a year or something crazy
Probably the only company out there that mails you your contract and your termination letter at the same time.That figure is BEFORE cancellations. In 2022, a total of 179,000 licensed individuals were with them at some point, and the corporation netted 10,000 additional policies-in-force for the entire year.
In MLM, a contract is as good as a suicide note.Probably the only company out there that mails you your contract and your termination letter at the same time.
If I remember correctly (someone feel free to check me on this), they sold less than one policy per new member recruited. Apparently the people they recruited didn't even believe enough in the company to purchase at least one policy apiece.That figure is BEFORE cancellations. In 2022, a total of 179,000 licensed individuals were with them at some point, and the corporation netted 10,000 additional policies-in-force for the entire year.
Actually, the number of policies issued closely mirrors the count of people recruited. And that brings up a whole different issue.If I remember correctly (someone feel free to check me on this), they sold less than one policy per new member recruited. Apparently the people they recruited didn't even believe enough in the company to purchase at least one policy apiece.