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In Reply to: Re: Re: Re: Re: whole life posted by ray on September 09, 2001 at 16:07:02:
: : 1 - Primerica's term insurance is among the highest priced in the industry! There are much better term products (if that's your choice) at much less premium.
: WRONG>>.not the cheapest, but far from amoung the highest. go check the cost of some large companys and you will see.
--DEFINETLY not the cheapest & DEFINETLY among the highest priced. In researching over 200 comparable policies, I've found only a handful that are HIGHER premiumed than Primerica's product!
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: : 2 - Primerica's mutual funds carry high loads. There are much better options elsewhere.
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: WRONG again. the charges are set by the mutual fund company.< NOT P.F.S. the charges are the smae no matter who you buy that fund from.
--I never said that PFS sets the fees. Only that the funds they use carry high loads. I agree that the same funds elsewhere would carry the same charges. What I'm saying is that PFS chose to use these funds which carry high fees & that there are better funds with lower, or no loads, to be had elsewhere
: : Keep in mind that PFS in an MLM organization, which means that EVERY product they sell is going to be overpriced because they have to pay out umpteen levels of commissions.
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: WRONG again. P.F.S is not MLM. in MLM the cost for prroducts are different for different levels and for the consumor. all the products bought at P.F.S are the same for an R.V.P. down to a Rep and to the consumor. also in MLM the upline has to pay the downline from his pay check....not so at P.F.S , the checks come right from the company. so let's stop giving false info on here 3 strikes . YOUR OUT!!!!
Primerica is NOT MLM? Yea, right! In an interview with Network Marketing Lifestyles magazine, former Primerica CEO Joe Plumeri stated that PFS was IN FACT an MLM company. More recently in an article appearing in The Wall Street Journal, CURRANT Primerica co-CEO John Addison stated the same thing! The links to these articles have conveniently been taken down from Primerica's website, but the articles can be found in the back issues.
Anyway, what was that about 3 strikes? See ya!