LYCOS RETRIEVER 
Primerica
built 655 days ago
Primerica is not a scam or a cult. Primerica has a purpose with the solution of buy term and invest the difference. The purpose is to educate people in the differences between cash value and term insurance. The other purpose is in providing the average american a path to personal financial security. The path to financial security can be achieved by managing your finances in order to attain certain goals you set. The only problem with primerica is the pay structure for the reps.
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The leaders of Primerica are John Addison, Co-CEO, and Richard Williams, Co-CEO and Chief Operating Officer: In this remarkable partnership the expected power struggles and overactive egos simply are not there. Addison and Williams were already longtime Primerica executives when they were appointed Co-CEOs. The marrying of their talents proved a natural fit. Theirs is "a fairly rare example of a successful long-term power-sharing arrangement" says Mark Supic, Executive Vice President of Corporate Relations. "You'll find in most cases that co-anything is a hard thing to pull off, but they've been doing it very successfully since 1999."
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IMHO.........you can position it any way you want but Primerica will have a tougher time with the FTC New Business Opportunity rule. On the Federal Gov FTC site, you can view comments that were made during the comments period and Primerica reps are bit worried. Why would anyone be against proposed rules such as:
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Primerica had a study of families under $35,000 income. Forty percent of them think the only way they are ever going to be able to retire is to win the lottery. So, there's a lot of fantasy out there, and a lot of losers, and a lot of pain.
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Primerica’s roots date back to 1977 when the company embarked on a revolutionary crusade to transform the life insurance industry. Primerica’s “Buy Term and Invest the Difference” philosophy encourages middle-income families to purchase affordable term life insurance so they can have more money to invest in their family’s future. Today, Primerica has expanded its crusade to address the number one financial disease facing families today: debt. Primerica offers solutions to help families eliminate crippling debt from their household finances and save more of their hard-earned money for the future.
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PRODUCT: Trouble Lights: Primerica Enterprise, of Deer Park N.Y., is voluntarily recalling about 1,500 trouble lights. The lights are made up of a metal back and metal caged front, and have a hook. The light's socket and handle are covered with blue plastic, which is attached to a blue electrical cord. There is a receptacle on the light's handle below the black power switch. The lights are available in cord lengths of 15, 25 and 50 feet. The lights were packaged in cardboard display sleeves labeled in part, "HEAVY DUTY TROUBLE LIGHT . . . Made in China."
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