Documentation from Forbes and the New York Stock Exchange suggests that Primerica's business opportunity is not a scam. Primerica's website provides a page dedicated to important disclosures. The disclosure states that the offer to market Primerica products is a business opportunity. Primerica representatives are independent contractors, not employees.Continue Reading
In Primerica's favor, Forbes includes Primerica on its 50 most trustworthy North American companies of 2015. Forbes looks at accounting and governance practices of more than 700 publicly-traded companies each year to formulate the list.
Numerous individuals have submitted complaints to Consumer Affairs calling Primerica a scam, a pyramid scheme and multi-level marketing scheme. The complaints generally cite Primerica's recruiting practices in which the company holds group interviews and a representative explains the $99 application fee. Several such complaints come from individuals who chose not to stay for the interview or sign up for the business opportunity.Learn more about Careers