Is Primerica financial services a pyramid scheme?

Is Primerica financial services a pyramid scheme?

Is Primerica a pyramid scheme? No, Primerica is not a pyramid scheme. Primerica is a leading financial services provider that has been in business for over 40 years, is publicly traded on the New York Stock Exchange under the stock symbol “PRI”, and is rated A+ by the Better Business Bureauiii.

Is Primerica financial services legit?

Primerica IS a legitimate company. In fact, they are a publicly-traded company on the stock market, and have operated for decades, helping people with their life insurance needs. Further, people DO make money in a Primerica career.

Who owns Primerica financial?

The top 5 shareholders of Primerica are Vanguard Group, Kayne Anderson Rudnick Investment Management, BlackRock, BAMCO, and Fidelity Investments.

How do I contact Primerica?

By Phone. To obtain fund or account information, or to speak with a Customer Service Representative, please dial 1-800-544-5445. International callers outside the United States may call 770-381-1000. Primerica Shareholder Services ofrece acceso a través de la línea en español de Servicio al Cliente.

Does Dave Ramsey approve Primerica?

Does Dave Ramsey Recommend Primerica? In short, Dave Ramsey does not endorse Primerica per his Twitter account. He states that the cost of their insurance is HIGH.

Is Primerica part of Citigroup?

Primerica and its affiliates continued to operate as subsidiaries of Citigroup, although the Travelers insurance business was spun off in 2002. Citigroup attempted to sell Primerica in 2008, having received several bids from life insurance companies and private equity firms interested in buying.

Where is Primerica headquarters address?

Duluth, GA
Primerica/Headquarters

What is Primerica email address?

Future RVPs, call (770) 381-5885, option, 5 then option 1. If you have a question or inquiry related to recruiting contacts by a Primerica representative email us….Corporate Address.

Client Service
Cancellations 1-800-257-4725 Email Us
Claims
US, NY, Puerto Rico and Guam 1-888-893-9858 Email Us

What does Primerica offer?

Primerica does offer other products, most of which are repackaged services from other vendors, which include investments and pre-paid legal services which is part of their marketing and sales processes.

Does Primerica help people?

Primerica IS a legitimate company. In fact, they are a publicly-traded company on the stock market, and have operated for decades, helping people with their life insurance needs. Further, people DO make money in a Primerica career. Many attest to their positive experience working for the company and the income they make.

What does Primerica sell?

Primerica employs, according to their prospectus, over 100,000 representatives who go out and sell financial products like term life insurance, mutual funds, life insurance, and annuities. Almost all the products offered by Primerica are from Citigroup, its corporate parent.

Who founded Primerica Financial Service?

Founded in 1977 by A.L. William & Associates, Primerica has grown into a large company that went public in 2010 under the symbol PRI on the New York Stock Exchange. In addition to their financial services products, Primerica offers an opportunity for people to start professional careers as independently contracted distributors of Primerica financial products.