(part 4)..Now, if one of my clients are a little older and have very limited funds or are on a fixed income and need even more affordable life insurance & aren’t concerned w/ growing a cash value, I get them into a term life w/ a ROP (return of premium) rider. If my client passes away before the end of the term, their beneficiaries get the entire death benefit. If my client is still alive at the end, they get 100% of their premiums back. No risk at all to my clients. Does your’s do that, Suze?
(part 3)…the tax law that Congress passed in 1913, IRC-7702 of the Internal Revenue Code states that any savings account surrounded by a permanent life insurance policy (i.e. Indexed Universal Life), the policy owner can take out up to 90% of the cash value completely tax free. Now, do you think congress is going to write laws to tax themselves? Of course not. Term Life can never do what I.U.L.’s can do.
(part 2) The I.U.L.’s I put my clients into have a guaranteed minimum 1% rate of return when the market is down and mirror the market when it’s up. They have no risk of loss. They have an average rate of return of 10.5%/year. They grow that cash value tax free and my clients can take out from their cash value tax free anytime they want as often as they want. Almost 90% of people in Congress have more than half of their own money in these I.U.L.’s. Why? Because they write the tax laws. And…….
OMG! This woman is an absolute moron. Her name should be Suze Moron. Term life is only temporary and then when it runs out at the end of its term, your alot older so it’s harder to qualify for more life insurance & if you do it’s alot more expensive. Plus, over 85% of term life holders outlive their policies. I help my clients by getting them Indexed Universal Life policies. Their permanent life insurance policies. You can stop paying premiums at a specific age. They’re affordable…………..
well what she wont tell you is that Life insurance is an asset and they can sell it for cash value. Furthermore, she is right for the most part but, most life insurance policy’s do have a imputed interest rate over the inflation rate not compared to bank interest rates. Were looking at like a 1.3% on a CD or money market which is garbage.
Ben, I’m sorry if I’ve offended you, but at this point I’ve come across too many hostile/clueless primericans to hold back “what I see as the truth” any longer. I’ve met a few primericans who are decent, who try to do what best for the client, but the majority seem to be too brainwashed to have intelligent debates with. I really don’t like PFS and I stand by what I said. If you disagree, please let me know.
I sent you a list of everything I posted, just so you know where I stand.
All you really do, is nag, whine, complain, and go against what Primerica does. I looked at this video weeks ago, and saw all your comments. And NOW, you still are arguing. Either you strongly hate the company, and have nothing else to do and seriously can’t do anything else, but bash the company, or all your a competitor from a different fiancial company, who doesn’t believe in Primerica’s business model. Anyways, if it helps most people, I guess we are doing something right?..Merry Christmas
“. . . in opportunity and the client’s best interest, then don’t trap yourself into false loyalty because you will always be conflicted inside and try to keep it buried. Do the right thing for the client 100% of the time and make an educated choice choice with helping the consumer.”
” . . . then how are you doing what’s right for the client 100% of the time? There is nothing wrong with being part of a pumped up and charged sales environment, I even enjoyed that part of it, but don’t be sooo excited that you can’t see how the rest of the financial world stacks up against PFS. For those that are all “gung ho” on Primerica, simply take a look around you a in objective honesty and if PFS is the best things out there, then go for it. If you do discover something better . . . “
Here’s a good quote from an ex-primerican: “I use to be with PFS. Not a bad company in its initial crusade BUT more so an outdated mantra and forced sales agenda that fails to take into account how the financial industry has evolved in the last 25-30 years. That’s the problem with being a captive agent. They don’t want you taking a look around at the rest of the industry in terms of opportunity or product comparison for the clients. If you can’t compare term to term . . . “
I like how you come up with the term “former Primerican” Why should I really care about what former primerican I should read about. I know a lot of former insurance agents too but I really wouldn’t want to wast the time to put information on YT to attack them. No matter what you say or do Primerica is hear to stay. I found an old NALU video on Primerica and what is funny is that the same crap that you post today is the same crap that they used 20 plus years ago but is sure is comical.
Wodendog: You are right, the ones that get hurt are the clients. They get hurt by the fact that most “Professional agents” like you are referring too don’t educate the client at all. They want the client to trust the agent and believe that the agent will be doing the best thing on the clients behalf but how does the client really know. They don’t. You have a true twisted opinion on the Primerica way of working with clients. I did get a good laugh from your 13 reasons why Primerica is sub Par.
So, when Primericans say they are doing what is best for their clients 100% of the time, they are either lying, ignorant, or brainwashed (sometimes all three).
This concludes my list 13 reasons why Primerica is Sub Par. Within the next few days I’ll post a good quote from a former Primerican that helps to tie everything together and give an insider perspective.
Reason 13: Keeping in mind what I have said thus far, the ones who get hurt the most are the clients. If a family has to sit down with a person who offers few insurance and financial products (few of which are cheap), has little grasp of the OTHER options the family might have, is simultaneously trying to recruit them, and has to be home by 6 so he can make it on time to his full-time job and the GAP, then they aren’t getting a good deal.
Wodendog: I guess I would agree to a point. The degrees don’t make the person but if the people with the degrees use them then yes the people with the degrees on average would earn more than the ones that don’t. The reason I say that I really don’t care is because those degrees don’t have anything to do with honesty and integrity of an individual. I have known unemployed people that have more integrity and honesty in their little finger than agents with all their BA or BS or MBA degrees.
Mr. Bond, I’ve been in the field, there is clearly a correlation between education and success in the financial services industry. Those with MBA’s or Law degrees fair better than those with BA’s or BS’s. Those with BA’s or BS’s fair better than those with HS diplomas. Those with HS diplomas far better than those with nothing. On AVERAGE, this trend is true in almost every field.
Wodendog: I will agree with you on some people’s lack of maturity but don’t just put Primerica in on that point. There are several Permanent insurance selling agents that are very unprofessional. As far as the Bachelor Degree I really don’t care because when it comes to defending the clients against other agents that would rather sell then crap insurance I have never been beaten at the customers table. There is no correlation between education and success. You only think so.
IOB: You definetly are a typical crooked agent. I can tell because you are good at twisting words around but not good enough. You don’t always do what is right because you sell whole life insurance when there is always an alternative that will put more money in the clients pocket. Yeah and here you go with your crap opinion of Primerica term not being top shelf. I am honest here but you sure would have to really work hard to be honest, especially being a crooked agent. Your show your own colors.
@wodendogsanidiot-Nice Choices! I have found your inconsistency however. I will send wodendog the email to let him know where I have found it. He will continue to post your favorite things about PFS, and may add more!
(part 4)..Now, if one of my clients are a little older and have very limited funds or are on a fixed income and need even more affordable life insurance & aren’t concerned w/ growing a cash value, I get them into a term life w/ a ROP (return of premium) rider. If my client passes away before the end of the term, their beneficiaries get the entire death benefit. If my client is still alive at the end, they get 100% of their premiums back. No risk at all to my clients. Does your’s do that, Suze?
(part 3)…the tax law that Congress passed in 1913, IRC-7702 of the Internal Revenue Code states that any savings account surrounded by a permanent life insurance policy (i.e. Indexed Universal Life), the policy owner can take out up to 90% of the cash value completely tax free. Now, do you think congress is going to write laws to tax themselves? Of course not. Term Life can never do what I.U.L.’s can do.
(part 2) The I.U.L.’s I put my clients into have a guaranteed minimum 1% rate of return when the market is down and mirror the market when it’s up. They have no risk of loss. They have an average rate of return of 10.5%/year. They grow that cash value tax free and my clients can take out from their cash value tax free anytime they want as often as they want. Almost 90% of people in Congress have more than half of their own money in these I.U.L.’s. Why? Because they write the tax laws. And…….
OMG! This woman is an absolute moron. Her name should be Suze Moron. Term life is only temporary and then when it runs out at the end of its term, your alot older so it’s harder to qualify for more life insurance & if you do it’s alot more expensive. Plus, over 85% of term life holders outlive their policies. I help my clients by getting them Indexed Universal Life policies. Their permanent life insurance policies. You can stop paying premiums at a specific age. They’re affordable…………..
Suze Orman is the biggest idiot i no… for this reason exactly.
well what she wont tell you is that Life insurance is an asset and they can sell it for cash value. Furthermore, she is right for the most part but, most life insurance policy’s do have a imputed interest rate over the inflation rate not compared to bank interest rates. Were looking at like a 1.3% on a CD or money market which is garbage.
Giving my comments the “thumbs down” only helps to validate what I’m saying.
Thanks again ; )
Ben, I’m sorry if I’ve offended you, but at this point I’ve come across too many hostile/clueless primericans to hold back “what I see as the truth” any longer. I’ve met a few primericans who are decent, who try to do what best for the client, but the majority seem to be too brainwashed to have intelligent debates with. I really don’t like PFS and I stand by what I said. If you disagree, please let me know.
I sent you a list of everything I posted, just so you know where I stand.
All you really do, is nag, whine, complain, and go against what Primerica does. I looked at this video weeks ago, and saw all your comments. And NOW, you still are arguing. Either you strongly hate the company, and have nothing else to do and seriously can’t do anything else, but bash the company, or all your a competitor from a different fiancial company, who doesn’t believe in Primerica’s business model. Anyways, if it helps most people, I guess we are doing something right?..Merry Christmas
“. . . in opportunity and the client’s best interest, then don’t trap yourself into false loyalty because you will always be conflicted inside and try to keep it buried. Do the right thing for the client 100% of the time and make an educated choice choice with helping the consumer.”
” . . . then how are you doing what’s right for the client 100% of the time? There is nothing wrong with being part of a pumped up and charged sales environment, I even enjoyed that part of it, but don’t be sooo excited that you can’t see how the rest of the financial world stacks up against PFS. For those that are all “gung ho” on Primerica, simply take a look around you a in objective honesty and if PFS is the best things out there, then go for it. If you do discover something better . . . “
Here’s a good quote from an ex-primerican: “I use to be with PFS. Not a bad company in its initial crusade BUT more so an outdated mantra and forced sales agenda that fails to take into account how the financial industry has evolved in the last 25-30 years. That’s the problem with being a captive agent. They don’t want you taking a look around at the rest of the industry in terms of opportunity or product comparison for the clients. If you can’t compare term to term . . . “
For more, search “All About Life Insurance” on krustbox (dot) com.
I like how you come up with the term “former Primerican” Why should I really care about what former primerican I should read about. I know a lot of former insurance agents too but I really wouldn’t want to wast the time to put information on YT to attack them. No matter what you say or do Primerica is hear to stay. I found an old NALU video on Primerica and what is funny is that the same crap that you post today is the same crap that they used 20 plus years ago but is sure is comical.
Wodendog: You are right, the ones that get hurt are the clients. They get hurt by the fact that most “Professional agents” like you are referring too don’t educate the client at all. They want the client to trust the agent and believe that the agent will be doing the best thing on the clients behalf but how does the client really know. They don’t. You have a true twisted opinion on the Primerica way of working with clients. I did get a good laugh from your 13 reasons why Primerica is sub Par.
So, when Primericans say they are doing what is best for their clients 100% of the time, they are either lying, ignorant, or brainwashed (sometimes all three).
This concludes my list 13 reasons why Primerica is Sub Par. Within the next few days I’ll post a good quote from a former Primerican that helps to tie everything together and give an insider perspective.
13 Reasons why Primerica is Sub Par
Reason 13: Keeping in mind what I have said thus far, the ones who get hurt the most are the clients. If a family has to sit down with a person who offers few insurance and financial products (few of which are cheap), has little grasp of the OTHER options the family might have, is simultaneously trying to recruit them, and has to be home by 6 so he can make it on time to his full-time job and the GAP, then they aren’t getting a good deal.
Wodendog: I guess I would agree to a point. The degrees don’t make the person but if the people with the degrees use them then yes the people with the degrees on average would earn more than the ones that don’t. The reason I say that I really don’t care is because those degrees don’t have anything to do with honesty and integrity of an individual. I have known unemployed people that have more integrity and honesty in their little finger than agents with all their BA or BS or MBA degrees.
Mr. Bond, I’ve been in the field, there is clearly a correlation between education and success in the financial services industry. Those with MBA’s or Law degrees fair better than those with BA’s or BS’s. Those with BA’s or BS’s fair better than those with HS diplomas. Those with HS diplomas far better than those with nothing. On AVERAGE, this trend is true in almost every field.
Wodendog: I will agree with you on some people’s lack of maturity but don’t just put Primerica in on that point. There are several Permanent insurance selling agents that are very unprofessional. As far as the Bachelor Degree I really don’t care because when it comes to defending the clients against other agents that would rather sell then crap insurance I have never been beaten at the customers table. There is no correlation between education and success. You only think so.
@wodendogsanidiot-You like Chrome?
IOB: You definetly are a typical crooked agent. I can tell because you are good at twisting words around but not good enough. You don’t always do what is right because you sell whole life insurance when there is always an alternative that will put more money in the clients pocket. Yeah and here you go with your crap opinion of Primerica term not being top shelf. I am honest here but you sure would have to really work hard to be honest, especially being a crooked agent. Your show your own colors.
@wodendogsanidiot-Do you mean demagogue or denagod? download google chrome, it has spell check AND it always posts the “@”when you reply on youtube.
@wodendogsanidiot-Nice Choices! I have found your inconsistency however. I will send wodendog the email to let him know where I have found it. He will continue to post your favorite things about PFS, and may add more!
@wodendogasanidiot-Here is where your inconsistency is showing..which financial services do you own shares in? Be Careful in your reply.