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**Trademark of Primerica Financial Services

Primerica Financial Services

Copyright Jeffrey Babener www.mlmlegal.com



Editor's Note:
Welcome to MLMLegal.Com Company Profiles at www.mlmlegal.com. Here you will find brief summaries of pertinent information about hundreds of MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan Companies. As a general matter, the summary information is derived from Company published information, generally posted at Company websites, public information releases or posts at industry trade sites .*

Founding Story
Primerica Financial Services is located in Duluth, Georgia. Primerica Financial Services began in 1977 in an effort to revolutionize the life insurance industry.

Impact on the Industry
Primerica Financial Services is a member of the Direct Selling (www.mlmlegal.com) Association.

Primerica offers the following information regarding its Company:

  • Serves 6 million clients in the U.S., Canada, Puerto Rico and Spain
  • More than 100,000 licensed representatives
  • More than 25,000 licensed mutual fund representatives — the largest sales force in North America
  • Securities clients have nearly $40billion in assets under management through Primerica
  • Placed in force more than $90 billion in life insurance in 2007
  • An average of $2 million in death claim benefits is paid every day
  • Paid out $682 million in compensation in 2007
  • A member of Citigroup, the world’s largest financial services company

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Discussion of Products
Primerica Financial Services sells financial products and services that include life insurance, debt consolidation loans, auto and homeowner’s insurance, variable annuities, (www.mlmlegal.com) and long-term care insurance.

Discussion of Opportunity
Representatives are offered the following opportunities when they become a representative with Primerica Financial Services:
Behind the Scenes Support

  • Home Office: More than 1,800 people working toward your success.
  • Training and Development: From getting licensed to running a successful business, Primerica keeps its reps current on the latest training and development.
  • Legal and Compliance Advisory: Keep you up-to-date on the latest industry and regulatory requirements.
  • Financial Needs Analysis: Primerica’s representatives offer the proprietary Financial Needs Analysis — a customized, (www.mlmlegal.com) comprehensive analysis of a family’s finances —free of charge.

Communications

  • Publications: In-house department creates materials for recruiting and educating your clients.
  • EPN-TV: Our own “Entrepreneurial Network” broadcasts education and motivation right to your office.
  • Printing and Distribution: Full-service printing and distribution center prepares volumes of sales and training materials.
  • Primerica Online: Our intranet provides the latest news and announcements, and allows you to keep track of everything that’s going on in your office.

Cutting-Edge Technology

  • TurboApps: Submit life business directly on your handheld device. Process your business faster and get paid quickly.
  • Data Center: Operates 24 hours a day, every day, processing all applications and business statements.
  • Securities Operations: A state-of-the-art processing company processes millions of shareholder accounts for Primerica.

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Recognition and Events

  • Exciting Company Trips: Would you like to travel to Hawaii, Cancun or Las Vegas? Those are just some of the places Primerica has taken its top leaders.
  • Partnership: One of the cornerstones of Primerica’s success is Partnership: two people working together to achieve a common goal. With (www.mlmlegal.com) Partnership, you and your Partner are recognized together for your efforts.
  • Advisory Boards: Primerica has special advisory boards and groups for women, Hispanics and African-Americans.
  • Dream for a Day: A collection of exhibits, displays and events about Primerica are featured at the Home Office in Duluth, GA. Thousands of representatives experience our Dream for a Day tour each year to learn about the company’s unique history and vision.

Discussion of Distributor Base and Sales Volume in U.S.
Primerica Financial Services is the largest financial services marketing organization in North America, with more than 100,000 licensed representatives and is a subsidiary of $1 trillion asset Citigroup (NYSE:C).

Primerica Financial Services has a multi-level compensation plan and a person-to-person sales strategy. It operates in the United States, Canada, Guam, Spain and the (www.mlmlegal.com) United Kingdom. 

Company website: http://www.primerica.com/public/

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Jeffrey A. Babener, principal attorney in the Portland, Oregon, law firm Babener & Associates, represents many of the leading direct selling companies in the United States and abroad.

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