Primerica Business Review
Primerica is a marketing multi-level company that offers financial services with an emphasis on insurance sales. Primerica has been in the business domain for the last thirty years. However, in the first quarter of 2010, it segregated itself from its parent company, Citigroup.The product linePrimerica sells its financial products mainly term life insurance. The insurance policies can range from a term of ten years to thirty-five years. The monthly premium that you need to pay for your insurance policy remains the same for all the months till the term expires. The policies can be renewed after the end of a term and no medical examination is necessary. On the time of the renewal, you will be informed about the increased rate of your monthly premium for the new term. The terminal illness clause integrated well in the policies of Primerica allows a policy holder to get a portion of death benefit when it involves a case of terminal illness.The unique hiring practicesThe focus of the business opportunity of Primerica is that they do not go for hiring technically accomplished, experienced professional. Primerica chiefly recruits middle-class, average people who can deliver their duty as part-time professionals. This concept of hiring the middle-class people, enabling them to be the agents of Primerica business opportunity has been criticized. However, the management team of the company opines that such a move by the company is to keep in tune the company’s philosophy to keep things simple for its prospective clients.The way to get the best servicesIf you are willing to be the potential client of Primerica, then purchase your insurance from a respective agent of the company. You need to check the company’s business website where the contact details of the company and the information to get hold of the agents have been dished out. The corporate headquarters, back office and the local offices provide support to the clients.The agents provide you with quality service. With the help of analysis, discussions and deliberations, the agents help you with advices and suggestions to restore your financial health for free. If you need assistance to get rid of insurmountable debts, mortgage loans, information about debt consolidation companies, you are sure to get help from the agents of Primerica.Training provided to the representativesPrimerica business opportunity is a great one especially for those who want to enter into the financial services industry without any experience. You do not need to have any special qualification to join Primerica business. The adequate training provided to the representatives, groom them to soak in the business culture of Primerica. In order to promote sales, so that the company grows in leaps and bounds, the representatives are trained how to maximize sales of the varied range of financial products like life insurance, mutual funds, variable annuities and the like.The compensation planThe compensation plan of Primerica is a good enough for the representatives to earn a potential income. You need to recruit people and build a good team.The Primerica business opportunity provides a scope to all to reap benefits.
