Yes but I would never advise anybody to do it. There’s better more profitable ways of venturing into financial services then this opportunity. The PNC opportunity is a grind and it will be many years before you potentially can breakeven. I’d look towards the life insurance and financial planning sector instead. Much more lucrative and you can start it while you have your full-time job. Do a little research. There’s a Lotta good financial services marketing opportunities out there. Just be careful about what you choose.

@@Imagine-biz ​ @Len Perroots Thank you so much for replying! I will definitely do more research. There are recruiters from Farmers and State Farm trying to recruit me to start my own agency but all of them are pushing for life insurance instead of Home & Auto. I know SF can be very competitive to certain customers but as an agent, you don't get to own your Book of business, and I don't see the purpose of grinding so hard if that is the case. Also, when it comes to Farmers (Can I be honest with you?) ... Although Farmers allows you to own your book of business, I am not too sure how competitive Farmers really is against their competitors. What are your thoughts on this? I'd love to hear your opinion

@@alistaircollins8721 The captive game can really price you out of the market at times. You are lured in with subsidies and support. The P&C business will always be a commodity based business, so if you are in that type of business, you are better being independent. If you want to be in the P&C business, my advice is to first work for an independent agency so you get good experience and make money. Regardless of what you do, keep in mind that if you start a P&C business (captive or Indy), you will start and stay in the RED for a while, so you better have savings to subsidize you while you grow. And it will likely take 2-3 years if you have an office and staff to break even. Then you need to give time to become profitable. Work for an agency first, learn the business, and only then make a decision. Hope that helps.

Sure. Use the contact form on my website imagine.biz

Dude great! Keep it going!!!

No I never said they terminated me for failing to meet the core competencies - you must have me confused with someone else or someone else's video. I was awarded my AA05 contract and resigned myself in May 2015. Thx

Yes, and any living benefits are deducted from the face amount payable upon death. And if you don't die, any benefits received are treated as an interest paying loan.

Agreed. They only have Terminal - not Critical or Chronic. Not saying they are bad because they are not. But if living benefits is important to you, there are several companies that offer Terminal, Chronic and Critical ABRs in term insurance. I was a top agent for one of the leading term carriers with living benefits. But protection is the #1 priority - everything else, including living benefits and tax benefits should be secondary.

Thanks for the comment. Sorry for the “very” late response. Peace!

So all you have to do is die prematurely to make term the better choice?

Art Williams own advice cost him $800M with his CITI shares.

@@johnd9541That has nothing to do with what I said. His advice was always growth stock mutual funds in for the long term. After you secure financial independence you can risk whatever you like. I was talking about my personal situation. Just the facts. He always advised against anything that wasn’t highly diversified. I consider what he does with his personal money his business.

@@SKYRIDER675 Well if the supposed "father" of BTID, along with his top financial geniuses and lawyers a billionaire typically has access to, plus the inside contacts at CITI he had a close relationship with, can lose 80% of his wealth overnight, it only proves that BTID isn't always without risks. And especially so for the Mainstreet, low value clients who tend to deal with resellers with minimal experience, knowledge and insider contacts.

Actually... American Can (predecessor to Primerica Corp), bought AL Williams and MILICO. Shortly thereafter, American Can became Primerica Corp. Primerica Corp acquired Commercial Credit, Smith Barney, Fingerhut and other companies. Primerica Corp. renamed AL Williams to Primerica Financial Services. Then Primerica Corp. merged into Travelers Corp, which was ultimately acquired by CitiCorp. The new parent company was named CitiGroup. After the financial meltdown in the late 2000s, CitiGroup needed to divest its holdings, and Primerica was spun off into its own independent public company (probably the best thing that ever happened to them. The ownership by Travelers/CitiGroup was NOT a good mix). What else would you like to know? I could go on and on and tell you about when Sandy Weill brought on Pete Dawkins to try to take the place of Art Williams in the early 90s. Or about the incredibly dark era that the company felt when initially bought by Travelers. Let's talk about dishonesty. Go to the Primerica video: kzfaq.info/get/bejne/gt5il9iYnJnFY4E.html and look at the photo in the 2minute 14 second marker. What do you think is missing? Who's picture did they photoshop our of their "history"? The spot right above Bob Turley? Do you know? Here is the ORIGINAL UN-PHOTOSHOPPED PHOTO: imgur.com/a/Srq5uk3 So much for telling the truth about their history. I had no interest in bringing up anything about their history, but you alleged that I do not know the facts. I know more facts than almost anyone on this company and their history.

@@Imagine-biz Hubert Steely Humphrey, who once had 40,000 downlines. Odd they don't mention his name like he's been erased from history. At today's dollars, he would be their top earner by far.

@@Imagine-biz Or perhaps Norman Tee Faircloth, who had 40,000-60,000 downlines?

@@johnd9541 That is the person that Primerica photoshopped out of the photo. But I have the original with the omitted S. Hubert Humphrey. There would be no ALW/PFS without Humphrey or Bo Adams. Art would have destroyed it on his own.

@@Imagine-biz Humphrey, and his top 24 lieutenants (and downlines) that left likely represent half of Primerica's million dollar earner counts still boasted about to recruit people in. Most are unaware that their top earner counts are merely a cumulative count of single best 12 month earnings, even if they never repeated, or have left or even died. Humphrey (and team) and Faircloth have been gone 30 years. In any given year its doubtful that more than 1-3 reps still earn $1M, however most of that is made selling DVDs, or hosting conferences and weekend training retreats to their own people.

Can you give me your study guide

@destiny love Honestly i recorded all the studying on my phone . When I’m resting working and sometimes 😅when I sleep. The more you study the better the results on passing

It's been two months! How much money have you made with Primerica?

How much have you made so far?

@@acsa774 after 5 months I was able to quit my job making 4K a month. I’m close about 5 k. But then again it’s all about your momentum of some ppl really love there job and some don’t it’s up to you. Nor thst I know How to manage my time you know what’s best for you

I'm here clutching my licenses like Thank God I know how to interpret what I just heard. God bless the unsuspecting middle class. The crusade continues.

You can structure it for the family to be able to get both. I thought the same thing at first

Because you are doing what's right for the consumer!

Did you get licensed?

Did you get licensed?

A different MLM.

@@johnd9541 what is a MLM?

Hi Kiran. No I don't think they can help with accounting skills, but they can help in the other areas that will ultimately help you to become an overall business person, such as self-confidence, talking to people, overcoming objections and basic understanding of financial services, you will seriously lack a foundation of knowledge on minimizing taxation using life insurance and other areas of expertise that you should know as a CPA including split-dollar plans, executive bonus plans, and more. Let me be clear... Primerica is a good organization, and you will never, ever have a problem selling too much term insurance. I love term insurance own millions of dollars of it on my own life. Beyond that however, you are not going to get experience beyond selling one product for one company. Best of luck!

wrong on all accounts.

@@johnd9541 you see what I mean? You are on EVERY single video about Primerica! Hahaha

@@vadertime9880 Yes, which proves I do my research. Your point?

@@johnd9541 so you do research that Investors doesn't do?

@@vadertime9880 Investors don't care about the "opportunists", they care about return on their investment. Obviously having a poorly compensated selling force is a great way to increase profit. The fact these opportunists not only pay to join, but pay for online access as well as training is just icing on their cake.

Lol

I have a sharp eye plus I have been around long enough to know that accusation is not true. That is all you can do is try to disparage a great company. I will be sure to forward this to legal team....done.

I have had that policy since around 1994 or so, way before WFG became part of AEGON/Transamerica. In fact, if you look at any old MILICO policies and early Primerica Life policies, it clearly stated at the bottom that the policy was convertible. At some point, not sure when that was, they eliminated the convertibility rider. I wish I still had my old policy, I'd show you with my own name on it, but I canceled it around 1994 when I replaced it with a less expensive term.

Recently, Primerica offers the accessibility to access of benefits for policy holders stricken with a catastrophic illness AFTER contract is made...up to 40% of the policy total...to pay for medical & preparations🤔...if the option is chosen. I just started with them 40 days ago. I'm still new at it. I'm NOT "big" on the "recruitment aspects" of it (because that could very well BE warped OR misconstrued by some as a "pyramid scheme" IF solely used in that manner); but the business has good aspects in term & whole🤔 I'm new at it (& recently struggling with it due to recent medical stress diagnoses that made me "uninsurable"); but I needed to expand my options. Any input is fine by ME😁

@@maestroaxeman @Darth that illness benefit is deducted from the face value if you die, so basically you're just borrowing your own payout. And if you dont die, the illness benefit advanced is treated as a loan.

Im wondering why they havent reply to my message

Its a MLM...

I’m an agent in PFS & this guy has the ring that’s definitely not from PFS. He is stating facts about policies that no primerican does for families 😂

@Ramino Sanchez

@@erikmartinez8037 huh

Primericans don’t do cash value.

Man shut yo lying ass up!

Great question.. i was thinking of asking the same question..

An i guess he hasnt answer..

No longer have one. You can check FINRA broker check yourself. Not sure what this has to do with anything though.

Primerica is still alive - yep it came from AL Williams, was sold to Travelers/Citigroup, then spun off into its own independent publicly-traded company (NYSE: PRI). HGI was indeed founded by the top builder in ALW. And YES!!! Less than 2% of all term policies ever pay a death benefit. But I don't want to be a part of that 2%. Term insurance is so cheap, you can "rent" millions of dollars of convertible insurance ("ensure" your "insurability"). In any case, life insurance creates an estate out of thin air. The best policy is the one that is in-force on the day that you die.

In that sense, Term isn't "life" insurance, its premature death insurance, and it's designed to expire long before you will ever need it.

And that man (and 24 of his top lieutenants) was Hubert "Steely" Humphrey. And their earnings are all based on events that happened 30 years ago during the explosion phase of "MLM Meets Insurance".

Because term life becomes unaffordable during the period your are mathematically guaranteed to die, and is dropped, its actually pre-mature death insurance, not life insurance. Fewer than 2% of term policies ever payout on an annual basis. And lets face it, MLMs are great at showing statistics about most people being two weeks away from bankruptcy if they lose their job. Many of those same people are 50-65 years old. So lets face it, people arent financially secure later in life, unless they get a good job, something that MLM can;t offer.

Its doubtful those avoiding MLM would use Vanguard because Vanguard owns stock in MLM. So they win either way and by targeting the same victims. As for face value, it really has no relevance with term policies because few ever pay out, because they're dropped before people typically die. If you buy a new car and the dealer offers to insure your tires against wear for 90 days, would you pay extra? Of course not, because you know tires last 2-3 years. Same with term.....its like that 90 day tire policy.

Yes and no. The founder of ALW was Art Williams, and yes, Hubert Humphrey was there in ALW and brought his system to ALW, which then became Primerica. In 1991, Hubert left Primerica (after the sale) and as CEO, founded World Marketing Alliance, later sold to AEGON and now WFG. So yes, these entities are related in a sense that Hubert was a BIG part of ALW, but he was not on the executive team in ALW.