These guys only know how to debit money from accounts without providing any service which is absolutely reliable. This insurance company routinely keeps deducting money from our accounts and will not even issue a refund. You can check out www.complaintboard.com/primerica-b116802 which is a forum where several people have complained about their issues with this organization. One couple were urged into taking part by an agent and once the down payment was made, the company showed its true colours. One person requires a refund and the company will not do so. One person was called for a job interview and was asked for a list of friends and account details. Thereafter, 99 dollars were debited from the account and then 25 dollars.
Another person signed up a few weeks back and was charged $125 on the bank account and this continues till today even though the individual is trying to contact the company to cancel Primerica accounts and provide a refund. The debit for the account also happens on the 25th or so on instead of the last day of every month. These guys seem to have a habit of urging you to get accounts and provide account details and then keep cutting money even if you want to cancel the account and refund requests are not entertained at all like it happened with me.
In fact, another individual on primerica.pissedconsumer.com/review.html also talked of how Primerica was debiting not one but two payments every month from the account which is really the limits! Guys please be careful with what you are dealing with since Primerica appears to be a problematic solution at least for me.
Primerica is a financial services organisation based in the United States of America, which helps the middle-income families get life insurance policies. The company was established way back in 1977 and it was named A.L. Williams & Associates. The company was founded by A.L. Williams, his wife and 87 other colleagues which included his son and Angela. They have sold their policies to millions of American households over the years and have made millions of dollars as well.
In this review we will be taking a look at Primerica’s service quality and delivery and evaluate whether you should invest your hard earned money here or not. So without beating around the bush let’s dive right in:
Waste precious time:
Primerica might have decades of experience but they don’t understand the value of time. Their sales representatives spam people for days until they get what they want and the worst thing is that they don’t care about your time.
Have deceived dozens of people:
Hundreds of people have been the victim of Primerica’s pyramid scheme. Primerica is infamous for spamming people on social media platforms. Many people have reported that the company charged them for a background check even though they weren’t even associated with the company. There are been countless incidents where Primerica charged the individuals for false services and refused to refund them their money. This type of behaviour is not expected from a nationwide company and Primerica has not done anything to improve it as well.
Does not provide value:
We have researched a lot before making such a big claim, but Primerica does not have any value to their products or services. Their policies are very shady and don’t clarify the plans properly and to top it all off their terms and conditions make things worse. They do not take any responsibility of the financial losses that you might face by investing in their policies.
Too expensive:
Compared to other companies in the market which provide similar policies and plans, Primerica charges a lot more money for the same product. They don’t provide any added benefits which might have justified their unreasonable prices but there are none. The price of their policies is exceptionally high and they are infamous for deducting money from people’s bank randomly as well.
In conclusion, we would recommend that you stay away from a scamming financial support company that Primerica is. There are a lot of ways you can tackle your financial problems, one of them is by applying for a loan or hiring a professional, but getting policies from Primerica is certainly not your best bet. Their past customers do not recommend them for the long term and their billing methods are quite illogical. This company tries to monetize the money needs of the middle class families and has already ruined hundreds of families. They claim to stay engaged with their active customers and address their complaints; however, the researches show otherwise. Primerica provides nothing of value and is sure to waste your valuables.