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Primerica
Primerica

Insurance and reinsurance / Insurance

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Risks

1. Conflict of Interest: Primerica has been criticized for encouraging sales representatives to sell its own products, such as its investment and insurance products, even when better alternatives may be available.


2. High-Pressure Sales Tactics: Primerica has been accused of using high-pressure sales tactics to encourage new representatives to invest heavily in their own products and services in order to make a commission.


3. Regulatory Violations: Primerica has had multiple instances of being fined by the Financial Industry Regulatory Authority (FINRA) for failure to supervise its representatives and for selling inadequate and unsuitable products to customers.


4. Uncertain Future: Primerica’s parent company, Citigroup, has been looking to divest itself of the company, which is a sign of a potential uncertain future for Primerica and its representatives.


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