Primerica is an American based company that sells life insurance and other investment products. Prime America has been around for many years and many consumers consider it to be a trusted brand. Primerica also teaches people how to sell life insurance. Those who want to purchase a policy will need to find a Primerica agent to buy from.
The Primerica life insurance policy
The Primerica company keeps it simple by selling term life insurance policies. People who are looking for a whole life product will need to look elsewhere as this is not a product that Primerica sells. The term for this product can be anywhere from 10 to 35 years. One of the biggest benefits of the Primerica life cover is that it has level payment amounts. This means that customers will not be subjected to their payments changing during the course of their life insurance term. Like most term life policies Primerica insurance covers terminal illness. People who are diagnosed with this type of illness can claim part of the policy while they are still alive. People who buy a policy from Primerica can rest assured that it will be paid out at the time of their debt. This is because the company has excellent financial strength. What this means for the customer is that Primerica has enough money to pay out claims when they need to. The biggest complaint that customers have had with this company's life insurance is that it has very high premiums. Thankfully Primerica listened to customer complaints and reduced the cost of their cover. The Primerica insurance product is now very affordable.
Selling insurance on behalf of Primerica
This company is always on the lookout for new insurance agents. Primerica hires normal people with little to no knowledge of the insurance industry. The company has been criticized by its competitors for aggressively searching for inexperienced new recruits. However the Primerica brand aims to keep their products and services simple to understand. Using everyday people to sell the product helps them achieve this goal. People who may benefit from a career with Primerica are those that are looking for a part-time job within the insurance industry.