Primerica

The Entrepreneurial Edge

Many Primerica representatives say that Primerica “gave them their life back.” We don’t want our people to settle for less than what they are worth. We want our people to be inspired to go after their dreams again. If you desire to be in business for yourself but don’t want to invest huge amounts of capital, Primerica could be a perfect fit for you.  

As a Primerica representative, you will be providing financial solutions to a drastically underserved market. In a recent study², Primerica and the Consumer Federation of America found that 45% of people would use information and advice from a financial professional while 67% of people admitted to making at least one “really bad financial decision.” It is clear that Main Street needs a helping hand and no other company is positioned like Primerica to address Main Street problems.

If you desire to change your financial future or just want to make extra part-time income³, Primerica can be a great vehicle to help you achieve your goals.

What exactly does a Primerica representative do for clients?

Your role as a Primerica representative is to help families:

1. Learn the basic financial concepts that can help them create a more complete financial program. You’ll often begin with a Financial Needs Analysis (FNA).
2. Complete their applications for financial products offered through Primerica, such as life insurance, mortgage refinancing, investments, pre-paid legal protection, long term care insurance and more.
3. Work toward their long-term financial goals through continued communication.

Can I include my family in this business?

Of course! Primerica is the perfect place for the whole family to get involved. Some of our reps work together as licensed leaders, building separate businesses within the same family organization. Some invite family members to help out in the office or to provide other types of business support. Just as each family is unique, so is each family unit within Primerica! Whatever system works for you and your family, you are welcome to make the Primerica business opportunity work for you and the people you care most about.

How do I build a network of clients to serve?

The most successful entrepreneurs in Primerica have found that working through referrals from friends and family is the best way to grow a business. Think about all the people you speak to on any given day:

1. Relatives
2. Neighbors
3. Co-workers
4. Church members
5. Store clerks
6. Parents of your children’s classmates

The list goes on and on. How many people do you know who might benefit from a discussion about personal finance? How many people do your friends know?

Where does Primerica do business?

Headquartered in Duluth, Georgia, Primerica and its affiliates make up one of the industry’s largest financial services organizations, with offices all across the United States, Canada and Puerto Rico. Check your local phonebook or do a search online. There’s likely a Primerica office nearby that’s ready to help you!

Who joins Primerica?

Ordinary people from all backgrounds and all walks of life join Primerica. We’re proud to offer a business opportunity that anyone can use as a path toward a better life. Read about the Success Stories of some of Primerica’s most successful Latino leaders, and you’ll learn how ordinary schoolteachers, field workers, students and others changed their financial destiny.

What do I get for my investment?

Primerica offers an ideal entrepreneurial opportunity without all the risks and costs usually associated with starting a business of your own.

• Education
  You receive comprehensive training through the Primerica Education Center and access to some of the industry’s best prelicensing education resources, all to help you pass your life insurance licensing exam and start producing.
• Communication
  You can get access to Primerica Online, the company’s internet portal for news, licensing education, business management data and multimedia content. You can also sign up for access to GoSolo, Primerica’s voice communication network, to stay connected with your team.
• Support
  From tech support to legal compliance and education, there are more than 1,800 home office employees working toward YOUR success!

Do I need financial experience?

In Primerica, your ambition to succeed and your passion for helping families are more important than your work experience. While you don’t need a financial background or a degree, you will need to earn the required licenses to sell our financial products. With an entire department in Primerica dedicated to helping you learn the financial services business, it has never been easier to become licensed. From your first day inside Primerica, you will receive comprehensive training and instruction from your colleagues. Primerica has also built an extensive library of print, video, audio and online training resources, with some educational material available in Spanish.

Does Primerica advertise anywhere?

Primerica does not do any large-scale advertising because we couldn’t possibly communicate what our business does for families and entrepreneurs in a 30-second commercial on TV or a magazine ad. Primerica is in the people business. And our experience has revealed that the best way to promote our business is through face-to-face conversations, one family at a time.

While this Web site provides lots of great information about Primerica, you can learn even more about Primerica by speaking with one of our representatives or by attending an Opportunity Meeting at an office near you.

Describe a typical workday in Primerica.

As a representative in Primerica, a typical business day would involve: scheduling appointments, attending training meetings in a local Primerica office, making follow-up calls with potential clients and new teammates, filling out paperwork for your business activities and visiting clients at their homes to make presentations about Primerica’s financial solutions.

How much money can I earn?

Your earnings are based entirely on your effort. The more time and energy you put into the business, the more money you can make.
Do I need to leave my full-time job?

The great advantage of Primerica is that you can do the business on your own schedule. Nearly all Primerica representatives begin part-time while they learn the business and work to become licensed. You have the freedom to work at your own pace because you set your own hours. And when you’re ready to work full-time, you may be eligible to enroll in an affordable new health care program exclusively for Primerica reps.

Are there opportunities for advancement in Primerica?

Of course! Primerica places emphasis on rewarding the leaders in this company who commit to building a business. When you meet specific qualifications, you can become eligible to advance to higher levels of leadership … and earn more compensation. Just ask the Primerica representative who referred you to this Web site for more details.

Is this opportunity for real?

Definitely! Primerica’s part-time and full-time field force was paid a cumulative $504,514,944 in compensation for 2011 for an average of $5,544 per representative. We also worked with thousands of families every day to help them put their finances back on track, with more than $656 billion of life insurance in force. Investment clients have more than $35 billion in asset values in their Primerica investment accounts.

Besides earning potential, what else can this opportunity do for me?

First and foremost, the Primerica Opportunity can teach you how money works! Very few families understand the basic concepts of managing money. Even fewer know how to put those concepts into practice. This opportunity represents an incredible chance to make a difference in the lives of your friends and neighbors. You could be the person to help them reorganize their finances, pursue their dreams and literally change their lives forever! What an incredible feeling it is to make an impact on your community.

¹ Primerica income figures are based upon rolling 12-month gross cash flow (including advances) as of February 28, 2010. The cash flows stated are not intended to demonstrate the earnings of typical RVPs/representatives. Rather, the cash flows that have been cited reflect the potential that comes with building your business, and there is no guarantee that you will achieve any specific cash flow level. Most RVPs/representatives do not achieve the levels illustrated. In the 12-month period ending in December 2009. Primerica’s sales force consisted of approximately 100,000 life-licensed representatives, to whom the company paid a total of $515,691,076 in compensation, an average of $5,156 per licensed representative. Average RVP earnings are typically higher. Actual gross cash flow is, among other factors, dependent upon the size and scale of a representative’s organization, the number of sales and the override spread on each sale, and the ability and efforts of you and your downlines. Having said this, Primerica provides a tremendous opportunity for individuals who work hard and who desire to develop a business with strong income potential.
² Consumer Federation of America and Primerica, “The Financial Status and Decision-Making of the American Middle Class”
³ In Canada, the part-time opportunity is not available in all jurisdictions and, where it is available, is subject to certain restrictions.