As A former whole life agent I ask for forgiveness for selling and marketing Whole life policies.I was misled by my bosses on the right thing to do for families, Term is the only way to properly insure a family. I applaud a company like Primerica for having the guts to change the industry.
Lastly you guys put the Waiver of Premium rider on every policy.... however if you are doing proper planning, shouldnt the client have a disability policy that will replace lost cash flow? Ie if you do proper planning get them a DI policy with the extra premiums you charge for waiving premiums on one. Clients need DI more importantly than Life, so why not use the waiver of premium go toward properly insuring your clients income
@leebertsk Who do you think you’re fooling. From your incredibly inane comments it’s clear you haven’t been in the business for more than a few months at best (unless maybe you got kicked in the head by a mule or something) No trash value company would let an agent anywhere near a high income client until they’ve proven themselves by screwing over middle income clients for a long period of time first - says a lot about the integrity the clients can expect.
@leebertsk As far as this mythical agent you’re talking about - forget it. You’ve been caught in so many lies at this point you have no credibility left at all. As far as DSC - how exactly do you believe they work? You seem to think there is some sort of special commission involved here. I’m curious to see if you have any clue whatsoever as to what’s going on here, or how they actually work.
@leebertsk I’m still laughing at your statement about how people “dont need a $500,000 term til there 80”. Guess what? These same people don’t need to pay 4 to 10 times more to get a whole life policy until they’re 80 either - way to shoot yourself in the foot. So they should overpay on an already extremely expensive whole life policy so they can get term riders (even though you’ll push more whole life on them.) Wow, what a deal.
@leebertsk You keep saying how we’re unprofessional part-times like it’s your mantra, yet don’t respond when I ask about the common practice of you “highly trained professionals” putting universal life policies on children and telling the parents that they’re actually education funds? Or about the “expert analysis” you do that results in as much or more trash value insurance being placed on the children as is placed on the parents? Common practices seen every day.
@leebertsk Your comment about mutual fund returns got me laughing again. It’s increasingly obvious that you have no clue how they work, how we market them, how commissions are paid out on them, how risk tolerances are calculated, or in fact anything about them at all. Your comment “you guys put the Waiver of Premium rider on every policy” proves, yet again, that you’re a liar who’s trying to fake his way along & that you’ve never seen a Primerica term policy.
@leebertsk You’re whining that I’m talking harshly to you? You undersell people on the need for insurance so you can sell them an expensive trash value rip-off. If tragedy strikes them the survivors get devastated emotionally & (thanks to you) financially. You paint a fantasy of the wonderful returns they’ll get, so they don’t bother putting money into legitimate retirement savings & they end up retiring broke. I’m not concerned about hurting your feelings, scumbag.
I wonder how much Crimerica is paying people at head office to troll the internet to stick up for negative posts? Better yet how professional is it to hear Primerica agents swearing non stop and bashing the competition swearing and calling names, how professional is that? Thats because Primerica agents are part timers who work other jobs during the day, not constantly immersed in the industry all day and learning and taking other accredited courses such as CFPs and CLUs
@leebertsk so if a person doesnt take course in CFP AND CLU they cant know about finances??? financial planning is not some mystical force that only the select few should understand..the part time position actually gives some advantage, cause a person doesnt have the preasure having to sell to meet their monthly bills, they can learn as they go..a poerson must take the life insurance and securities license test that anyone esle has to, they dont have a primerica modifed test
@leebertsk primerica is not a financial planning company, they are a finaincial marketing company..meaning a person does not need to understand the intricant dymanics of a mutual fund or annuity, they just have to be able to have enuff understanding to explain to the client how they work..they have people at other successful investment companies, who have CFP/CLU and all other fancy finance degree with tons of expereince who handle the actual investment,
@leebertsk oh and by the way saying "crimerica" instead of primerica isnt exactally professional either? where is your professional courtiousy? and ive read other post that whole obvious whole life salesmen cussing and sayin all type of foul mouthed things
Dont you know you can add term riders to a WL policy? OH and we usually only have the term riders on there for as long as they need the insurance, people dont need a $500,000 term til there 80
@leebertsk it depends on who you target..if you target only the wealthy and affluent and upper middle class then yeah they can afford the high permiums of whole life..that the issue with whole life salesmen and alot of investment companie..if a person cant affordt their high dollar prodct, they dont care to help them..in their eyes, why help a 10 people who can only invest $100 per month when i can help out this one guy who can pu away 10,000k..its all about compensation to them
How many of yoru sales people have real industry accreditation such as a CFP or CLU?
I wouldnt even regard them as planners or full scope advisors.
You think your commissions your getting on Whole Life are much different? Then tell me why when I go over Primerica portfolios all your clients are in Mutual Funds with Deferred Sales Charges? Oh that would be because your Primerica Agent gets paid up front on DSC funds, maybe to covere the little difference in WL and Term commissions?
@leebertsk So lets see, so far you’ve lied about how whole life works, you lied about the returns on the “savings”, you committed fraud when talking about dividends, you lied about our practices (head office would never allow 5 term policies to be placed on one client in a million years - it’s not uncommon to find a client with 5 trash value policies though), you lied about pricing, you lied about commissions.
@leebertsk You seem utterly clueless when it comes to mutual funds & their returns over the long term (it’s called retirement planning - ever heard of it?) Let’s look at the average annualized returns from the markets over the last 30 years (including the recent period of market volatility): A good Equity Mutual Fund - about 12%, Aggressive Portfolio Fund - about 11%, Conservative Fund - about 10%, S&P 500 Index Fund - about 9 ½%.
@leebertsk You can get a loan from the bank at a lower interest rate than you’d get from a policy loan & it’d also be tax free. Dividends, once again, come from overpayment of the premiums. Since the whole life policy will cost 4 to 10 times more than a term policy, few will be able to afford the proper amount of coverage in the first place so what the hell good is overpaying on this rip-off going to do for them?
@leebertsk The cash value makes up the death benefit, that’s how whole life works. When I sit down with your soon to be former clients, I walk them through what’s actually in the policy. Funny how there’s always such a huge difference between what the agent tells them & what’s actually in the policy, isn’t it? Why are you highly trained professionals so gutless when it comes to agent confrontations? Why don’t you have the backbone to face us anymore?
@leebertsk Do you really think the commissions paid on mutual funds comes anywhere close to that paid out on trash value policies? Have you been sniffing glue? I think you have. Once we have our securities license we can sell funds from any company - Front end loaded, back end loaded, deferred, etc. Thank you for confirming that you’ve never sat down with a Primerica client. We’ll add that to the growing pile of lies you’ve been spewing.
@leebertsk How about the common practice of you “highly trained professionals” putting universal life policies on children and then telling the parents that they’re actually education funds? How about the “expert analysis” you do that results in as much or more trash value insurance being placed on the children as is placed on the parents? These are common practices we come across every day throughout North America. You don’t seem to want to talk about this.
@a1prime1 ive always belived insurance and investments should be seperate, it would sound dumb to put a saving plan on your car insurance, or health, or hoemowners,..those have a specifc purpose..the idea of putting a savings plan on life insurance is totally ridiculous
@leebertsk You say I’m a sleazebag? You undersell people on the need for insurance so you can sell them an expensive trash value rip-off. If tragedy strikes them the survivors get devastated emotionally & (thanks to you) financially. You paint a fantasy of the wonderful returns they’ll get, so they don’t bother putting money into legitimate retirement savings & they end up retiring broke. You think you can lie your way past all this? That takes a true sleazebag.
@a1prime1 well said..they can very easisly open up an annuity, mutual fund, IRA, ROTH IRA..actual retirement investment vehilces..you wouldnt walk into HR block to get your taxes done and ask them if they can do your hair while your there? your there for your taxes, you go to a salon to get your hair done..each place has its own desingend purpose
@leebertsk is that info you know for sure, or is that just specualtion?..primerica reps are not finaincial planners, anyone who claims to be is not bein accurate..they do put together a Financial needs anyalsis to assess the clients needs and give them an idea where they are at, just as alot of finance companies do, exceppt they dont charge a few for that service..but a state required life insurance license and SEC required series 6,63,26 license is required as well..
Also cash values are considered loans to get out tax free, you could effectively take the cash out and not have to repay a dime at that point because paid up additions (if you know what those are) generate a dividend and the dividend will cover the interest.
Learn taxation please.
I dont know why you think clients think that cash value and death benefit are sperate at death, we illustrate them combined when talking about death.
Also lastly, I would like to know what credentials
@leebertsk at death a person either get the face ammount, or cash value..they dont get both..if i paid only 50k in premiums with a WL policy with faced amount of 100k plus cash value of 30k, your telling everyone the company will pay out 130k to the families benificiary, even tho the company only pocketed 50k..from a business standpoint, thats takin a financial loss..and tellin a person about dividends is speculative, dividends are never garuanteed
guess what? the $6 dollars she would save and invest from buying term invested at 5% a year was $2800. sure adds up. However the guaranteed cash value of the policy was $5800 and that didnt include dividends. So tell me where your going to get 9% returns other than a life policy right now or a 2 year Italian Bond?
@leebertsk you are posting way above you pay scale, don't you fucking ever post about dividends in a policy you hear me you lying piece of shit. trash value companies are not giving "dividends" AKA INSURES OWN MONEY BACK, DUE TO LOW INTEREST RATES !! do your dam research about returns on investments there are tons of funds that have done over 12%, you will go to hell for selling trash value policies.
@leebertsk why bundle your investments into a life policy..you wouldnt want your car insurance company to add a saving plan into the ploicy?..or savings plan into your homeownes ins??those have specific functions...life ins should be just that, life...i can open a mutual fund, IRA,ROTH IRA, annuity, other investment vehicles desinged for just retirement, that would probably out do any whole life returns
Illustrate to me right now.... how you can say and illustrate buy term and invest the difference is better. Your the sleezebag here. I built an exactly the same policy $25,000 base whole life plus $250000 Term 20 rider because she didnt need the insurance after that anyways. My policy I built cost $6 more a month then all of Primericas 5 terms combined for $275,000.
I showed her how the difference in premium, invested over 20 years would fare to the guaranteed cash value
Speaking of industry changes - in Canada - One time big player, Standard Life, is the latest trash value company to fall out of the insurance industry. There were over 3500 trash value companies in North America 35 years ago, now there are less than 990.
Also why are most Primerica Agents part timers? Would you trust your car repairman to know how much you need for insurance? Why wouldnt you trust full time financial advisors who work full time in the business and work day in and day out educating themselves about changes in the industry? Also your going to tell me that you can do solid estate planning with term? Your going to sell pricey term insurance to seniors to help them leave an estate?
@leebertsk Dividends in insurance products come from an overpayment on premiums, essentially an interest free loan to the insurance company. Representing them as investment returns constitutes fraud. If you’re doing this with clients, I hope you get caught. Errors & omissions insurance won’t help you & expect your company to turn their back on you. Estate planning? Don’t make me laugh. If you’re clients expect your help with this they’ll be bitterly disappointed.
I am curious as to what high yielding investment your investing in to regain the difference of cash and dividends values over 20 years to the difference in premium.
Also did you know you can put term riders on WL policies too? Just because the face amount is small does not mean its an inadequate amount. Like I said earlier, some Whole Life policies are paying 8-10% dividend scale, what sound relatively riskless investment can you offer someone at that rate?
@leebertsk The cash value is part of the death benefit. Why is it the client is led to believe that they get both the cash value & the death benefit (as though they’re 2 separate things) when all they’ll ever get is the death benefit minus any outstanding loans? You claim to be a professional yet don’t know that whole life pays MUCH higher commissions that term? Who are you trying to fool? Are you a liar or just an incompetent?
@leebertsk Speaking of industry changes - in Canada - One time big player, Standard Life, is the latest trash value company to fall out of the insurance industry. There were over 3500 trash value companies in North America 35 years ago, now there are less than 990.
Thirdly. You pay interest on money borrowed. Yep it is true you can take a policy loan to access the cash and dividend values, if you dont pay it back it just eats away at your end death benefit. 4th. You dont lose the cash value when you die, its paid out as a death benefit.
The premiums pay fat commissions, they are just as fat as the people selling nothing but term too.
@leebertsk You question the professionalism of Primerica agents, yet you purposely misrepresent whole life. Why is that? To access the “savings” the client must either take out a policy loan (@6 to 8%) - which reduces the death benefit until it’s repaid - or must surrender the (permanent?) policy. Why would the client have to borrow their own money? Oh, that’s right, because there is no “savings” - it’s yet another lie.
@leebertsk How about the common practice of you “highly trained professionals” putting universal life policies on children and then telling the parents that they’re actually education funds? How about the “expert analysis” you do that results in as much or more trash value insurance being placed on the children as is placed on the parents? These are common practices we come across every day throughout North America. How much training does it take to be a sleazebag like you?
@leebertsk you must not fully understand how a WL policy works..the face ammount is what the benificiary gets, not the cash value..unless the policy is canceled..a company is not goin to pay out both face ammount and cash value..cash value is essentially the permiums paid into plus the interest accured from investments..WL policies are great policies for the rich and wealthy who can put more money into it, thus aquiring higher returns..but not for everyday people
First off,you claim that no interest is earned at the start, which is true. Can't refute that. Purpose is to keep people from max funding policies and cancelling them before the insurance company can make its money back. (insurance companies must make money you know) Second off, the interest earned once you start earning is higher than any investment out there, in Canada some companies is between 8-10%. How tiny is that in a period where short term and long term bonds yield less than 3%.
@leebertsk Funny how much of a difference there is between how you claim the whole life screw job works & how it actually works. Why is it that I can go through ANY whole life policy and clearly show that you’re lying about the returns? Also, why do you continue acting as if the “savings” & insurance are separate things? Have you ever examined a whole life police? Don’t you know how they actually work? Don’t you know the “savings” are part of the death benefit?
@leebertsk At 4 to 10 times the cost of term insurance & the pathetic - usually negative - growth of the “savings” inside a whole life rip-off, you could buy the proper amount of term & put the difference in your mattress & be further ahead. Wow, you really need a full-time professional to properly screw you over? You’ve clearly shown you have no problem lying about returns & misrepresenting the product. Do you really think you’re fooling anyone?
The troll uses a lower case “L” in his user name instead of a 1 (one) so he can impersonate me. Check out my profile and note that it shows that I joined YT on February 17th, 2011. Now check out the profile of the trash value troll who‘s claiming I‘m imitating him, It shows that he joined on August 31st 2011. I‘ve had this profile over 6 months before him, yet he claims I‘m imitating him. This is what he considers truth.
As you can see, the trash value troll is incredibly clueless when it comes to all things financial. He makes statements about whole life that can easily be refuted by going through any whole life policy. He’s a fraud & a failure who couldn’t make it in the trash value industry, failed in his own business, & has a huge chip on his shoulder regarding Primerica. He spends all his time now trolling YT & talking to himself through multiple aliases.
Besides costing 4 to 10 times more than term insurance (making it unaffordable for the vast majority of people to get the proper coverage that they actually need), you can also overpay on the policy & get dividends - essentially an interest free loan that you give to the company that they can return to you at some point, if they decide to. * Note any agent who misrepresent dividends from insurance products as being similar to investment returns is committing fraud.
The cash value in a whole life policy makes up the death benefit - there is no investment. Any “returns” on this garbage happen after the initial 2 to 5 years or more where the company keeps your money (all of it.) The only way to access your “savings” is to take out a policy loan (@6 to 8% revolving interest) or surrender the policy (yes the “permanent” insurance that the agent was so sure you needed.)
You may have also encountered the troll using the name: wodendog, insurancemike10, SuperLifeguy, jgilles85 ( a rip-off of a different user), Termisexpensive, alprime1 (a rip-off of me), & several other names that haven’t been seen since Google made users associate a phone # with their accounts. He has just confirmed this yet again.
The troll uses a lower case “L” in his user name instead of a 1 (one) so he can impersonate me. Check out my profile and note that it shows that I joined YT on February 17th, 2011. Now check out the profile of the trash value troll who‘s claiming I‘m imitating him, It shows that he joined on August 31st 2011. I‘ve had this profile over 6 months before him, yet he claims I‘m imitating him. This is what he considers truth.
Man the morons on this page take the cake. One idiot is speaking of COI's on Whole LIfe when he really means to be speaking of Universal Life. With Whole Life there is NO increase cost of insurance - the cost is baked into the premium and then the unused "costs" are returned via dividends (which are tax free) - By year 4 your guaranteed cash value will be increasing greater than your premium if you find the right company - Mass, Penn, Guarandian, NML
@aIprime1 wy even deal with n ins company for retirement planning when i can just purchase mutual funds, IRA,ROTH IRA, annuities..you know, vehilces designed for just retirement..you wouldnt walk into an HR block to get your taxes done and ask them if they can do your hair, or change your oil while your there?..they have a specific purpose..why would a perosn want a LIFE INSURANCE comany handling their RETIREMENT planning?
@carsonc29 They build a product that’s supposed to combine insurance & investments & actually craps out on both accounts. They can make it seem good when they market it but in actual practice the client gets screwed over big time. The only winners with this garbage are the crooks who sell it & the companies that they work for. You’re right about leebertsk not knowing how whole life works. I don’t think he has a clue as to what he’s doing.
Let’s look at the average annualized returns for the last 30 years (including the recent period of market volatility): A good Equity Mutual Fund - about 12%, An aggressive Portfolio Fund - about 11%, A Conservative Fund - about 10%, S&P 500 Index Fund - about 9 ½%. You want an iron clad guarantee? If you get to retirement with only $22,000, you aren’t retiring.
A 30 year term for $250,000 would have cost her about $55 to $75 / month. Lets say $65 (still more than I would quote but let’s make this as fair as possible.) This would leave her with $180 / month to invest. At 7.1% interest she would have over $225,000. If she got 10% she could get there in about 24 years and cancel the policy. I can hear the troll now: “0% returns are far too risky, she need’s the negative returns that a trash value policy will guarantee.”
Our trash value troll considers the following to be a good policy and wise investment: Trash value life insurance with $225,000 face value at $245 / month (at this price it will never be a paid up policy - she’ll pay this as long as she owns it, assuming it isn‘t cancelled.) After 19 years it’s built up a cash value of $22,000. $96.50 / month invested at 0% (zero) interest will give you $22,000 in 19 years. At 4% interest she would have to pay $64.36 / month.
Click on SuperLifeguy and Jgillie's usernames. Notice that their channels are unavailable. Obviously these cowards have something to hide. If you notice on other channels, there's a jgillian who defends Primerica and when you click on his channel, it IS available. We know that Jgillie85 on this forum is a lying crook who steals others usernames so why listen to him? Why listen to SuperLifeguy? If they're too scared to show themselves, obviously they don't stand for anything. Kindly dismiss them.
@yoranasshole He’s doing the same thing to me now. Shows you how much integrity exists in the trash value industry. These are the same people who put universal life policies on children and tell the parents that they’re education funds. They have no values, can’t defend their policies and practices without lying, and can’t attack Primerica without lying. Where I use a one in a1prime1 he uses a lower case L.
When you thoughtful trash value agents insure the children for the same amount, or more, than you insure the parents, do you consider that to be doing what a CFP would do?
When you put a universal insurance policy on a child and tell the parents that it’s an education fund - are you actually doing it for that child’s estate and tax planning purposes? Why do your companies keep getting so many complaints and law suits? Is it because of the wonderful job you’re doing to them? Answer the question jackass. Stop being such a coward! These are real people you’re screwing over, creep!
Here’s a simple question no trash value agent will answer: what’s worth more - $1,000,000 held in legitimate investments or $100,000 held in a trash value insurance policy?
The answer is the one you try to avoid, troll - Person C, who never bought a `permanent` insurance rip-off and now has their original $1 million plus several more $ millions that they would have flushed down a `permanent` insurance rip-off policy. It’s the answer that `permanent` insurance selling crooks don’t want to hear.
Here's the simple question the Primericans won't answer - Who is better off financially - Person A with $1millon or Person B with $1 million and $1millon of permanent insurance paid up?
@SuperLifeguy What's the matter bitch? You don't want to discuss the policy? You said it was a good policy. You trashed Suze Orman. What's your background, loser? What companies did you run? (Other than your own, which you ran into the ground.) What's the matter, couldn't you find anyone who'd go into business with a disaster like yourself? You must have told them you're views on market returns. Did they run out on you at that point, moron?
@SuperLifeguy Troll, you state that people should think like the rich in regards to their finances. Since you seem to believe you know how the rich operate, you should have no challenge answering the following; One of the many complaints coming from the occupy Wall Street protesters was that the rich don’t pay taxes. Why do the rich appear to pay no taxes?
@SuperLifeguy i would say the guy with just the $1 million option A, the whole point of insurance is to create a estate and replace your income..unless that individual is living beyond their means, $1 million should be enough to pay for funeral costs, most if not all debt, and any other costs, if they have $1 million, they can just use the extra money to invest in an annuity, mutual fund ect..no need to invest in life insurance of any kind.especially if they can get a bigger return
@SuperLifeguy on thier own.why invest in a whole life policy that historically gets low returns..thats not my word, several others have said the same thing
BTW you can get a bank loan for less than the 6 to 8% interest that you would pay on your policy loan and that would also be tax free. Is it really worth paying 4 to 10 times more for a whole life policy, having them keep your savings for the first 2 to 5 years or longer, getting a 1 to 4% return when money eventually does accumulate - just to get a policy loan at 6 to 8% interest?
There are many insurance agents who have no problem misrepresenting themselves and the products they sell. If you have been scammed by an insurance agent, report them. If they did it to you, they’re doing it to others. Then find a reputable agent who will replace the policy they sold you with the proper amount of Term insurance. Remember, never cancel the old policy until the new one is in place.
By all means, read the Whole Life policy - start with the table showing cash accumulations. See the zeros in the first 2-5 years or more? Look at what you pay each month and subtract the insurance and various charges. Calculate how long it’ll take you just to break even. Now compare that to what you’re hearing from these scumbag agents who sell this crap. Remember, it’s costing you 4 to 10 times what a Term policy would have cost you. Did they quote Term?
Whole Life where: they keep your saving for the first 2-5 years or longer. Where, when money does accumulate it’s at 1-4% at best (negative savings when you factor in the 2-5+ years they keep your money.) Where, if you want to access your own money, you have to take out a policy loan at 6-8% interest. Where if you die, they keep your “savings” and deduct any outstanding loans from the death benefit. Source - the actual policies themselves.
@a1prime1 Lies - take a look at the policy - the loan rate nets down to zero or 1%, your GUARANTEED Cash Value will actually increase greater than your premium around year 4 - you will earn about 5% TAX FREE on your money and your Death Benefit will triple over time. Don't believe a word you hear from a Primerica agent - they don't know how life insurance works.
Remember, with Whole Life, you only get the “savings” or the insurance, never both. Besides paying 6-8% on any policy loans, any outstanding loans are deducted from the face value of the policy when you die. The only way to redeem your Whole Life “investment” is to surrender your policy. Did your agent tell you it cost you 4-10 times what a term policy would have cost you? Time to get another agent.
You can get a bank loan for less than the 6 to 8% interest that you would pay on your policy loan and that would also be tax free. Is it really worth paying 4 to 10 times more for a whole life policy, having them keep your savings for the first 2 to 5 years or longer, getting a 1 to 4% return when money eventually does accumulate - just to get a policy loan at 6 to 8% interest?
Remember, with Whole Life, you only get the “savings” or the insurance, never both. Besides paying 6-8% on any policy loans, any outstanding loans are deducted from the face value of the policy when you die. The only way to redeem your Whole Life “investment” is to surrender your policy. Did your agent tell you it cost you 4-10 times what a term policy would have cost you? Time to get another agent.
@a1prime1 And remember that loan rate nets down to zero or 1% as you receive a credit to the loan - it's a great feature to be able to take your DB while you are alive with no restrictions - TAX FREE - you can't do that with term unless you are terminally ill - I will take a 5% return, TAX FREE, all day long as my base or foundation for all of my other investments!!!
@Jgillie85 Troll, you state that people should think like the rich in regards to their finances. Since you seem to believe you know how the rich operate, you should have no challenge answering the following; One of the many complaints coming from the occupy Wall Street protesters was that the rich don’t pay taxes. Why do the rich appear to pay no taxes?
@Jgillie85 I’m asking it on 8 other sites & you keep spamming the question. Why is that troll? Why are you playing these games? Why do you throw in your own comment & spam that too? Is it so you can play victim? If you have time to do all this crap, troll, you have time to answer the question.
@insurancemike10 You said you were a former Primerica Rep yet couldn’t explain how a SMART loan works? Claiming to know how the rich operate, when I give you a question you should have been able to answer immediately, spend days spamming my questions & giving armature answers. You’ve shown repeatedly that your clueless when it comes to financial services so you resort to identity theft, multiple aliases, & spamming comments. You’re a fraud & a failure. All you have left is being a troll.
We’ve seen your disability riders troll. How many of your clients ever collect on them, none or almost none? Do you go through the fine print and show them exactly what has to happen in order for them to collect, or do you “forget” to do that as well? How many of them would get it if they knew what it actually said? The only guarantee you provide is that your clients will get ripped off. Put on you tap shoes troll, time for you to dance around the truth some more.
Interesting fantasy troll. Still trying to decide on an alias, back to the classics I see. The only thing that people are thankful for is that you leave. You can get a bank loan for less than the 6-8% than you’d be charged on a whole life policy loan, and that would be tax free as well. You forgot to mention that whatever they borrow out of their policy decreases the death benefit by that amount. My guess is when you’re dealing with clients you “forget” a lot of things.
Whole Life where: they keep your saving for the first 2-5 years or longer. Where, when money does accumulate it’s at 1-4% at best (negative savings when you factor in the 2-5+ years they keep your money.) Where, if you want to access your own money, you have to take out a policy loan at 6-8% interest. Where if you die, they keep your “savings” and deduct any outstanding loans from the death benefit. Source - the actual policies themselves.
Troll switches aliases again. Economics 101? Who are you trying to fool troll? What are they going to use for retirement savings after they’ve spent their earning years pouring money into garbage like a whole life rip-off? What are they supposed to live on? The cash value? There won’t be enough to meet their needs and any money they take out (at 6-8% interest) is deducted from the death benefit. Wow, what a deal.
@a1prime1 So it's clear you don't understand how money works - WL is perhaps the single best financial product there is. You get 4-5.5% tax free plus all that life insurance!!! And it's protected against disability, what other product offers that? I have my clients, and I don't work with anyone who makes less that $250k/year save 10% of their investable assests into life insurance, and I'm thanked personally each year by all of them. I provide guarantees which no one else does!!! simple
@insurancemike10 I’m asking it on 8 other sites & you keep spamming the question. Why is that troll? Why are you playing these games? Why do you throw in your own comment & spam that too? Is it so you can play victim? If you have time to do all this crap, troll, you have time to answer the question.
@insurancemike10 you mentioned the 4-5% return....what is the REAL retuern after you factor in the mortality cost..WL may advertise 4-5%, but if you facor in the other costs, it may only get 2-3%..even a most money market accounts get at least 5%? you really dont believe if i get a WL policy at age 25 for 100,000 payin 50 per month, that at 50 or 60, with it costin the insurance company more money to insure someone my age, since now im older and im more at risk to die thus
@insurancemike10 increasing the COI, that the insurance company is gonna be ok with that, they will simply take the extra charge needed out of MY cash value..it is very possible that i can have a whole life, pay all my premiums, and still have it lapse when im older..potential customers need to know fulyy how WL,VL,UL prodects really work
Whole Life premiums are 4 to 10 times the cost of term. When people retire they don’t need insurance, they need retirement income - something they won’t be able to accumulate while overspending on some rip-off whole life policy. They have to surrender the policy to get the “savings” out of it (permanent insurance?). What a deal. At least they can take comfort in knowing some sleazy insurance agent got a fat commission check off of them.
@a1prime1 That's the dumbest thing you've ever said. You most certainly do need life insurance when you retire. Without it you are strapped in regards to your ability to spend down your wealth. The ave. 65 year olds have a 50% chance of hitting age 90 - without the insurance you can't spend down the asset as it needs to survive two people's death. This is economics 101, I guess you missed that class
You know troll, it’s interesting, when I sit down with a client who has a whole life policy - even though they’ve had it for years - I can replace that policy with substantially more term insurance and still save them money. This doesn’t happen once and a while troll, this happens all the time. And this is with a term policy that you, pathetically, claim is uncompetitive.
If you were to die, your survivors would need money to pay funeral expenses, pay off debts & expenses (such as utilities), pay for the children’s education, etc.. They must also look at their future retirement needs. This is not a short term need but a long term one. Did your insurance agent take any of this into account when they sold you your policy? For most families, the only way you can meet these needs is to buy Term insurance & invest the difference.
As far as you “shooting me down” troll, that’s merely your fractured little mind at work. The proof is in the policies, not in your demented fantasy world. You can twist and turn all you want, but when you look in the mirror, you’ll still see the same crooked weasel looking back at you. Have you ever paid a death claim in person troll? No, your sleazy company mails them out, don’t they? That way you don’t have to look into the eyes of the people you screwed over.
You don’t seem to know the difference between whole life and universal life, or are deliberately trying to confuse the two. It wouldn’t surprise me either way, troll. As far as the cash value of a whole life policy not being an investment - you’re right, it makes up the death benefit. So, why do you sell it as insurance & savings, troll. They get the insurance or the death benefit, not both - and they pay 4 to 10 times what they would have paid for term.
Funny how you have these magic whole life policies that only you have seen. Is that how you sell this crap? “Golly gee Mr & Mrs client, the company only says it will pay you this much, but in fact you’ll get so much more. You can trust me.” Also funny how you crooks never actually walk them through these policies when you deliver them. Why is it such a surprise to them when they read what it actually says?
Ah, dividends. In insurance dividends are the result of an overpayment of premiums - essentially an interest free loan to the company by the client. Some deal there troll. I hope you get caught telling them it’s an investment return troll - that’s out and out fraud on your part. Your e & o won’t get you out of that. Expect your company to turn on you too. You need to keep track of your various aliases better mike, oops, I mean troll.
Troll, you really are suffering from some form of brain damage. When have you backed up what you’ve said? Show me a whole life quote that’s not 4-10 times more than the same amount of term insurance on the same person at the same age. When it comes to lying, who can compete with you troll.
Now, compare what you just saw in your Whole Life policy to what the agent told you about it when they sold it to you. Do these two things add up? At this point, what is your level of trust in this agent? Do you believe you could ever trust a company who would sell this kind of product again. What would you think of this agent selling this same product to your friends and family? Questions you need to ask yourself.
@a1prime1: You do a really good job of twisting words and avoiding the issues being discussed. Believe me, I understand why you have to, or else you look pretty foolish. Where to start? How about with your lies:
Regarding Lie 1: I never admitting I screw over the middle class, though I have said on many occasions that WL is not right for them.
Re Lie 2: I always back up what I say.
Re Lie 3: A always quote term from multiple companies. Haha, do you? Nope. You can't.
Re Lie 4: Please show me in one case from any company where a level term product is 4x or less cheaper than a WL policy from any company with the same DB. I double dog dare you.
Re Lie 5: I did not forget anything regarding the 92% CV withdrawal (which you have never mentioned, did you forget?). I just didn't say it. It's hard to say everything. But, if your going to mention the 6-8% policy loan, I think it's only fair to mention the dividend return you get at the same time . . .
. . . which usually makes the 6-8% a wash. If you're losing 6-8% on 50k, but gaining 5% on 100k of dividend growth, your not really losing any money.
Re Lie 6: I NEVER said the a 10% return on a retirement investment was unattainable. So, why would you even say that? Are you dishonest? 10% is attainable, but many Americans are aren't getting that and some that do are still not ready for retirement. This is a fact that is talked about all the time all over America.
Re Lie 7: Your discussion of a WL policy in general is both painful and amusing. Guaranteed CV (the table I assume you are looking) is not the standard to go by. These are the values that the company is contractually obligated to pay (and are insured to do so) it things in the economy and the company itself go wrong. Non-guaranteed CV values are those the are produced based on the current dividend and financial health of the company, which changes over time (up and down).
If most investments had to give the equivalent of the WL CV guaranteed values table, you know what the guarantee would be? It would be Zero or N/A, every year, because nothing is guaranteed. None of the major WL companies have ever had to fall back on "guarneteed values", and the big three have been around for more than 150 years. NMFN, MM, and NYL have CV in the first year. Go check for your self.
Re Lie 8: You are always wrong when you say "the company keeps" anything.
Re Lie 9: There is no "saving" in WL insurance (Literally). The CV is paid out as part of the DB. Remember, DB raises over time, usually faster than the CV you have access to. If I start with a 100K policy, and when I die it's has 200K in DB and 70K in CV, I get 200K. The 200K and 70K are not two separate accounts. CV is basically the potion of your DB you have access to while you are alive.
Why don't you do your research for a change and don't swallow everything PFS feeds you.
Simple put, almost everything you say is wrong. Some of what you say are lies, while other things are things you merely think are true (hence not a lie, but untrue none the less). So, maybe a few of things I say are "lies" below are really just erroneous beliefs you have based on the brainwashing you have been subjected to.
I can shoot you down all day long while at the same time I never have to fear you proving me wrong on anything. You seldom try, and when do you try, you fail.
Next in your Whole Life policy: Turn to the section in the policy regarding policy loans. That’s right - if you want to access your own money, you have to do it through the policy loan. If you get a policy loan, you can expect to pay 6-8% interest. Now, turn to the part where it explains the death benefit. Notice how it mentions how the policy loan is deducted from the death benefit and that it make no mention at all about paying out your savings. They don’t.
If you have a Whole Life policy: Turn to the table showing cash accumulation. Notice that there are zero’s in the first 2 to 5 years or more. The company keeps this. This is why theses agents sell this - it pays them huge commissions. Now, deduct the cost of insurance, fees, etc. from the premiums you pay each month - this is the money going into your “savings“. Calculate how long it will take you to break even from the time you started paying.
You forgot to mention that removing 92% of the cash value in a whole life plan will still require a policy loan (6-8% interest) and will reduce the death benefit by that amount - easily confirmed by anyone who reads the policy, idiot. You wouldn’t recognize truth if it fell on you troll. Tell me again how a 10% return on retirement investment in unobtainable, moron.
Thanks for admitting that you screw over poor and middle class families troll. Are you going to start chanting your MLM/China mantra again? You might as well since you have no real arguments to back up your crap. The proof that our term is 4 to 10 times cheaper that the crap you sell comes when we give quotes to your former clients and replace your policies - as you know very well troll. Do you ever even quote term? Obviously not.
@a1prime1: Still, you are unable to refute anything I've said. Do you have any comments on the COLI situation I mentioned earlier? It's a pretty air tight case. I can see why you'd avoid it.
Again, if WL worked the way you claimed it did, then no one would buy it, especially not those who are more financially savvy. Interestingly, notice how the financially savvy don't buy much from Primerica. Primerica relies on selling to those that are ignorant about insurance and the options they have.
Whole Life premiums are 4 to 10 times the cost of term. When people retire they don’t need insurance, they need retirement income - something they won’t be able to accumulate while overspending on some rip-off whole life policy. They have to surrender the policy to get the “savings” out of it (permanent insurance?). What a deal. At least they can take comfort in knowing some sleazy insurance agent got a fat commission check off of them.
@a1prime1: A few other things: Show proof of a term product that is 4x as cheap as WL product (with same DB). Don't show me greater than 5x the cost, show me 4 or less.
You say "when people retire they don't need insurance". Really? In 2011? What world do you live in? I know people who are retired and still have kids in grade school, owe millions on their mortgage, and who have a lot of people they are leaving behind who rely on them financially.
Troll, you’re so full of crap it’s scary. Stop pushing this estate planning garbage, you’re not haunting YouTube sites to push estate planning. If “permanent” insurance crooks were only selling their crap for the purpose of estate planning there never would have been a Primerica. Primerica was started because you were screwing over families to make a quick buck, just like you’re doing today. As far as value, the only you bring is to your own bottom line.
@a1prime1: Let's look at a few of the things you've said. You claim I'm "pushing" and "haunting youtube" with the estate planning issue. Really? I've mentioned that Suze Orman supports it in some cases and that recently a high profile Rock Star, Gene Simmons, has taken on somewhat of a personal crusade against the taxes that the wealthy have to pay. His solution (and that of his more reputable colleages) is a unique form of permanent LI. Why don't you address their claims directly?
@a1prime1: You also claim that PFS was started because of the pushing of the the EP issue. Do you really not know the history of your own company? Let me tell you what Arthur Williams really though and how PFS came about. First, he wasn't concerned much with the wealthy. He was concerned with the poor and middle class. He felt people were under-insured because they could never buy enough of DB to cover their actual needs (such was the case with his family when his father died).
@a1prime1: AW also felt that CV accumulated too slowly relative to other ways people could invest. Honestly, AW did alot of great things and got the word out about BTID (an idea he did not come up with himself). Many years later, what we have as his legacy is Primerica. Sadly, Primerica has failed to keep up with the competition over the last 2 decades and in order to be successful it relies much more on it's MLM recruiting scheme than actually producing competitive quality products.
@a1prime1: I also know many retires who are putting multiple kids (sometimes their own, sometimes not) through colleges where the annual tuition is 40k+ per year. Also, many of these people have had investments and retirement plans that haven't panned out.
Yes, in an ideal world people would not need LI once they retire. But, we don't live in an ideal world.
With a WL policy, you can take out up to 92% of CV without having to surrender it (NMFN). Be truthful and choose you words carefully.
If you were to die, your survivors would need money to pay funeral expenses, pay off debts & expenses (such as utilities), pay for the children’s education, etc.. They must also look at their future retirement needs. This is not a short term need but a long term one. Did your insurance agent take any of this into account when they sold you your policy? For most families, the only way you can meet these needs is to buy Term insurance & invest the difference.
@a1prime1: Think about our two approaches to LI. You believe everyone should buy one type of policy (level term) from one company (PFS). Correct me if I'm wrong. I believe that most companies and types pf products bring something to the table in some way shape or form. Some times it's tough to figure out which products from which companies are best for you, but with some research and good advise, a good fit can be found.
@wodendog Where you are wrong is about the values Primerica agents bring - let's be real clear, they bring NO value whatsoever. Most are part timers who have memorized a script. I have only come across one at a cocktail party. He came over to our conversation, starting going into his deal, like anyone cared. He came off so bad (I should note he was an RVP) that I got 4 clients from just being there and "riding" him a bit - I had his head spinning so fast that he had to leave the party.
@wodendog I’m asking it on 8 other sites & you keep spamming the question. Why is that troll? Why are you playing these games? Why do you throw in your own comment & spam that too? Is it so you can play victim? If you have time to do all this crap, troll, you have time to answer the question.
Tom Hopkins (Millionaire - Real Estate / Sales Training) became a champion for Buy Term and Invest the Difference after he discovered what his insurance agent was up to. You may have heard recently about the current lawsuit launched by Tom Hanks and his wife against their former insurance agent. Given the number of lawsuits filed against the various “permanent” insurance companies - would you trust them with your estate planning?
@a1prime1: Yes, I have heard of Tom Hanks' Dilemma. I've never heard of that company before. You overstate your case, as always. Recently in the Wallstreet Journal an article talked about many LI companies that were not paying claims, most of which were term focused, none of which were the major WL companies.
Have you heard of Gene Simmons recent plunge into the LI business? According to him and his more legit financial colleagues, it's the Wealth that need Permanent LI.
Gee troll, since you’re painting yourself as such an expert, I would have expected you to have actually read a whole-life policy - though I wouldn’t expect you to be honest about what’s inside it. Whole life works exactly like I claim (source - the actual policies) but that’s not how it’s sold, is it? When clients realize what you sold them - replacing them is a breeze. Exactly how much corporate estate planning does the “average Joe” need when they don‘t have a corporate estate?
@a1prime1: First of all, you are not refuting anything that I have said. As I mentioned many times, if WL worked they way you claimed, then no one (especially not the financially savvy) would buy it. HOWEVER, since the bulk of the people buying WL are in fact those that are considered financially savvy, you're argument doesn't make sense. I've never said WL is for the "average Joe", I've always said it it best suited for the upper middle class and wealthy.
@a1prime1: You simply cannot explain how someone in charge of finances at a corporation can instruct/advise that corporation to buy WL for it's key employees when he/she is not receiving the commission, CV, or death benefit (i.e. he/she has no personal motivation to utilize WL because he/she has nothing to gain, aside from recognition that they are performing their job well). They buy it purely for the financial stability of the corporation. It's just math.
@a1prime1: I'm not following the advise of someone who claims "how to sell anything". Tom Hopkins is a joke and would make a good guest on Penn and Teller's show BULLSHIT. In many ways people like Tom Hopkins are what bring down the insurance and financial services industry. There are a lot of cases where people are sold Primerica products and WL policies when they are clearly not the best option (I said it). But, snake oil salesmen convince them to buy irrationally.
In the BOLI/COLI example, professional money managers are tasked with keeping their organization running smooth financially. Many of them will instruct there organization to buy WL to insurance a key person. The people who sign off on the deal are not agents, nor do they get the commission, the DB, or the CV if the insured dies. What's there motivation to such a plan into action? Simple, to ensure the stability of their bank, corporation, or business.
I and my many friends have posed a very simple question that won't be answered - I will take a crack at it. Assume there are two people, each has $1 million in cash. However Person 1 had a term policy for $1 million that just lapsed and Person 2 has a paid up $1 million guaranteed Death Benefit. Which person is in a better financial situation? Person 1 or Person 2?
Remember, with Whole Life, you only get the “savings” or the insurance, never both. Besides paying 6-8% on any policy loans, any outstanding loans are deducted from the face value of the policy when you die. The only way to redeem your Whole Life “investment” is to surrender your policy. Did your agent tell you it cost you 4-10 times what a term policy would have cost you? Time to get another agent.
Whatever you say Mike, oops, I mean troll. Anyone who’s curious can look through the past comments posted on this site if they want to kill some time. Speaking of junkies, that’s why you use so many aliases, jgillie, oops, I mean Mike, oops, I mean troll - apart from everything else, you want to hide the fact that you spend every moment of your free time trolling the net. You won’t tire of anything, you’ll just come back under another alias.
@a1prime1: If you are correct about WL insurance, and the average joe is getting duped by slick WL salesmen, why is it that WL is used in BOLI/COLI (Bank/Corporate owned LI) and for estate planning purposes (even Suze admits it can be good for that). The people making these decisions at banks, corporations, and estate planning firms are not your average joe. Are they being conned?
Ironically, I've never heard of any Primerica products being used for the same purpose.
BTW troll, you did your whole “bond” thing under a different alias - or should I say aliases. What I love about it is the amount of work I can force you to go through keeping track of your multiple identities and endless lies. When you screw up, you come across as the total whack job that you are. I just keep one identity and stick to the truth. A totally alien concept for you, I know.
@a1prime1: Nope, wrong again. This is my only profile.
I really think it's odd that most of the accusations you make toward others are merely descriptions of yourself. You're the troll, you're the on that posts constantly, you're the one with multiple aliases, you're the one who knows nothing of LI, and you're the one that constantly lies.
The only one working hard here is you. Your an addict. A youtube junkie.
I'll likely tire of you soon, so try keeping it interesting Mr. Bond.
Troll, do you really think anyone is buying your crap at this point? You can use as many aliases as you want. You can post all the crap you want, but the proof is in the policies - ours and yours. I can back up what I say with my own policy and boxes and boxes of your policies, which we’ve replaced. Now I know you can’t accept that - being a lying sack of crap is at the very core of your nature - but it’s true.
Remember, with Whole Life, you only get the “savings” or the insurance, never both. Besides paying 6-8% on any policy loans, any outstanding loans are deducted from the face value of the policy when you die. The only way to redeem your Whole Life “investment” is to surrender your policy. Did your agent tell you it cost you 4-10 times what a term policy would have cost you? Time to get another agent.
I and my many friends have posed a very simple question that won't be answered - I will take a crack at it. Assume there are two people, each has $1 million in cash. However Person 1 had a term policy for $1 million that just lapsed and Person 2 has a paid up $1 million guaranteed Death Benefit. Which person is in a better financial situation? Person 1 or Person 2?
BTW troll, who is we? You and all your invisible friends? Is it time for you to start arguing with yourself again? Better push those comments down the page quick, right troll?
Troll, do you really think anyone is buying your crap at this point? You can use as many aliases as you want. You can post all the crap you want, but the proof is in the policies - ours and yours. I can back up what I say with my own policy and boxes and boxes of your policies, which we’ve replaced. Now I know you can’t accept that - being a lying sack of crap is at the very core of your nature - but it’s true.
@a1prime1: Haha, again, the term "troll" most aptly applies to you. Google it dumb dumb.
I've always liked posting on basspig's page because he keeps people in check when they go over the line. You've remembered this apparently, since your posts here are much less vulgar than those you posted else where. Hmmmm, interesting . . .
Troll, you don’t have any friends - that’s why you troll the internet all the time. Your question isn’t just simple, it’s vague. Given that you don’t analyze your client’s needs, beyond how much you can charge them for your Whole Life rip-off it’s not surprising that you would ask this. If he has no dependants & no debts, then he doesn’t need any insurance at all - he needs to invest it and only a greedy retard like you would suggest investing in an insurance plan.
So lets see, so far the troll has - through various aliases - pretended to be an insurance agent (with a couple different companies), a Primerica agent, and a former Primerica agent. He has alternated between agreeing with himself and arguing with himself. He has shown a lack of ethics and a lack of knowledge about insurance, investments, business, and taxation. Why would anyone ever do business with this twisted, brain damaged, freak?
@a1prime1: Basically, almost everything you just said describes yourself. You've had at least three aliases, you lie constantly, you make personal attacks, you know nothing about life insurance, and you're brainwashed. Most people you argue with on YT are from major WL companies, ones that have have CV in the FIRST year. We know this. We own these policies. We know many companies that can do this. Hence, we know you are lying or are just to brainwashed to know better. Or both.
@a1prime1: Also, we know you are Mr. Bond. Why change your YT name, especially more than once? Do you feel you need a fresh start because of all the baggage your older names carried around. Well, I suppose that happens when you lose every debate and argument you are in.
If you want to keep posting lies, go ahead. Some will always step up to tell the truth. Haven't you realized that buy now?
Check out winquotes . net to see how truly uncompetitive PFS prices really are.
I and my many friends have posed a very simple question that won't be answered - I will take a crack at it. Assume there are two people, each has $1 million in cash. However Person 1 had a term policy for $1 million that just lapsed and Person 2 has a paid up $1 million guaranteed Death Benefit. Which person is in a better financial situation? Person 1 or Person 2?
Man, the stupidity found here is unbelievable. Are you Primerica people really that stupid and naive??? Where do you get your information from? Oh probably from your "upline". Well they obviously dont have your best interest at hand. C'mon a blanket rule, buy term invest the difference??? No real adviser would ever follow a hard and fast rule like that. Again I ask where the heck do you guys get this misinformation from?
Troll, do you really think anyone is buying your crap at this point? You can use as many aliases as you want. You can post all the crap you want, but the proof is in the policies - ours and yours. I can back up what I say with my own policy and boxes and boxes of your policies, which we’ve replaced. Now I know you can’t accept that - being a lying sack of crap is at the very core of your nature - but it’s true.
As A former whole life agent I ask for forgiveness for selling and marketing Whole life policies.I was misled by my bosses on the right thing to do for families, Term is the only way to properly insure a family. I applaud a company like Primerica for having the guts to change the industry.
termischeap 1 month ago
Lastly you guys put the Waiver of Premium rider on every policy.... however if you are doing proper planning, shouldnt the client have a disability policy that will replace lost cash flow? Ie if you do proper planning get them a DI policy with the extra premiums you charge for waiving premiums on one. Clients need DI more importantly than Life, so why not use the waiver of premium go toward properly insuring your clients income
leebertsk 1 month ago
@leebertsk Who do you think you’re fooling. From your incredibly inane comments it’s clear you haven’t been in the business for more than a few months at best (unless maybe you got kicked in the head by a mule or something) No trash value company would let an agent anywhere near a high income client until they’ve proven themselves by screwing over middle income clients for a long period of time first - says a lot about the integrity the clients can expect.
a1prime1 1 month ago
@leebertsk As far as this mythical agent you’re talking about - forget it. You’ve been caught in so many lies at this point you have no credibility left at all. As far as DSC - how exactly do you believe they work? You seem to think there is some sort of special commission involved here. I’m curious to see if you have any clue whatsoever as to what’s going on here, or how they actually work.
a1prime1 1 month ago
@leebertsk I’m still laughing at your statement about how people “dont need a $500,000 term til there 80”. Guess what? These same people don’t need to pay 4 to 10 times more to get a whole life policy until they’re 80 either - way to shoot yourself in the foot. So they should overpay on an already extremely expensive whole life policy so they can get term riders (even though you’ll push more whole life on them.) Wow, what a deal.
a1prime1 1 month ago
@leebertsk You keep saying how we’re unprofessional part-times like it’s your mantra, yet don’t respond when I ask about the common practice of you “highly trained professionals” putting universal life policies on children and telling the parents that they’re actually education funds? Or about the “expert analysis” you do that results in as much or more trash value insurance being placed on the children as is placed on the parents? Common practices seen every day.
a1prime1 1 month ago
@leebertsk Your comment about mutual fund returns got me laughing again. It’s increasingly obvious that you have no clue how they work, how we market them, how commissions are paid out on them, how risk tolerances are calculated, or in fact anything about them at all. Your comment “you guys put the Waiver of Premium rider on every policy” proves, yet again, that you’re a liar who’s trying to fake his way along & that you’ve never seen a Primerica term policy.
a1prime1 1 month ago
This has been flagged as spam show
@leebertsk You’re whining that I’m talking harshly to you? You undersell people on the need for insurance so you can sell them an expensive trash value rip-off. If tragedy strikes them the survivors get devastated emotionally & (thanks to you) financially. You paint a fantasy of the wonderful returns they’ll get, so they don’t bother putting money into legitimate retirement savings & they end up retiring broke. I’m not concerned about hurting your feelings, scumbag.
a1prime1 1 month ago
You will go to hell quoting people 12% on mutual funds seeing that agressive portfolios havent even returned 12% in the last decade
leebertsk 1 month ago
I wonder how much Crimerica is paying people at head office to troll the internet to stick up for negative posts? Better yet how professional is it to hear Primerica agents swearing non stop and bashing the competition swearing and calling names, how professional is that? Thats because Primerica agents are part timers who work other jobs during the day, not constantly immersed in the industry all day and learning and taking other accredited courses such as CFPs and CLUs
leebertsk 1 month ago
@leebertsk so if a person doesnt take course in CFP AND CLU they cant know about finances??? financial planning is not some mystical force that only the select few should understand..the part time position actually gives some advantage, cause a person doesnt have the preasure having to sell to meet their monthly bills, they can learn as they go..a poerson must take the life insurance and securities license test that anyone esle has to, they dont have a primerica modifed test
carsonc29 1 month ago
@leebertsk primerica is not a financial planning company, they are a finaincial marketing company..meaning a person does not need to understand the intricant dymanics of a mutual fund or annuity, they just have to be able to have enuff understanding to explain to the client how they work..they have people at other successful investment companies, who have CFP/CLU and all other fancy finance degree with tons of expereince who handle the actual investment,
carsonc29 1 month ago
@leebertsk oh and by the way saying "crimerica" instead of primerica isnt exactally professional either? where is your professional courtiousy? and ive read other post that whole obvious whole life salesmen cussing and sayin all type of foul mouthed things
carsonc29 1 month ago
Dont you know you can add term riders to a WL policy? OH and we usually only have the term riders on there for as long as they need the insurance, people dont need a $500,000 term til there 80
leebertsk 1 month ago
Then why is this agent using DSC funds? Paying herself first
leebertsk 1 month ago
unlike most of your clients, my clients can afford an insurance and retirement strategy
leebertsk 1 month ago
@leebertsk it depends on who you target..if you target only the wealthy and affluent and upper middle class then yeah they can afford the high permiums of whole life..that the issue with whole life salesmen and alot of investment companie..if a person cant affordt their high dollar prodct, they dont care to help them..in their eyes, why help a 10 people who can only invest $100 per month when i can help out this one guy who can pu away 10,000k..its all about compensation to them
carsonc29 1 month ago
Fact: There are more than 77 million UNinsured people in the U.S
crowland87 1 month ago
How many of yoru sales people have real industry accreditation such as a CFP or CLU?
I wouldnt even regard them as planners or full scope advisors.
You think your commissions your getting on Whole Life are much different? Then tell me why when I go over Primerica portfolios all your clients are in Mutual Funds with Deferred Sales Charges? Oh that would be because your Primerica Agent gets paid up front on DSC funds, maybe to covere the little difference in WL and Term commissions?
leebertsk 1 month ago
@leebertsk So lets see, so far you’ve lied about how whole life works, you lied about the returns on the “savings”, you committed fraud when talking about dividends, you lied about our practices (head office would never allow 5 term policies to be placed on one client in a million years - it’s not uncommon to find a client with 5 trash value policies though), you lied about pricing, you lied about commissions.
a1prime1 1 month ago
@leebertsk You seem utterly clueless when it comes to mutual funds & their returns over the long term (it’s called retirement planning - ever heard of it?) Let’s look at the average annualized returns from the markets over the last 30 years (including the recent period of market volatility): A good Equity Mutual Fund - about 12%, Aggressive Portfolio Fund - about 11%, Conservative Fund - about 10%, S&P 500 Index Fund - about 9 ½%.
a1prime1 1 month ago
@leebertsk You can get a loan from the bank at a lower interest rate than you’d get from a policy loan & it’d also be tax free. Dividends, once again, come from overpayment of the premiums. Since the whole life policy will cost 4 to 10 times more than a term policy, few will be able to afford the proper amount of coverage in the first place so what the hell good is overpaying on this rip-off going to do for them?
a1prime1 1 month ago
@leebertsk The cash value makes up the death benefit, that’s how whole life works. When I sit down with your soon to be former clients, I walk them through what’s actually in the policy. Funny how there’s always such a huge difference between what the agent tells them & what’s actually in the policy, isn’t it? Why are you highly trained professionals so gutless when it comes to agent confrontations? Why don’t you have the backbone to face us anymore?
a1prime1 1 month ago
@leebertsk Do you really think the commissions paid on mutual funds comes anywhere close to that paid out on trash value policies? Have you been sniffing glue? I think you have. Once we have our securities license we can sell funds from any company - Front end loaded, back end loaded, deferred, etc. Thank you for confirming that you’ve never sat down with a Primerica client. We’ll add that to the growing pile of lies you’ve been spewing.
a1prime1 1 month ago
@leebertsk How about the common practice of you “highly trained professionals” putting universal life policies on children and then telling the parents that they’re actually education funds? How about the “expert analysis” you do that results in as much or more trash value insurance being placed on the children as is placed on the parents? These are common practices we come across every day throughout North America. You don’t seem to want to talk about this.
a1prime1 1 month ago
@a1prime1 ive always belived insurance and investments should be seperate, it would sound dumb to put a saving plan on your car insurance, or health, or hoemowners,..those have a specifc purpose..the idea of putting a savings plan on life insurance is totally ridiculous
carsonc29 1 month ago
@leebertsk You say I’m a sleazebag? You undersell people on the need for insurance so you can sell them an expensive trash value rip-off. If tragedy strikes them the survivors get devastated emotionally & (thanks to you) financially. You paint a fantasy of the wonderful returns they’ll get, so they don’t bother putting money into legitimate retirement savings & they end up retiring broke. You think you can lie your way past all this? That takes a true sleazebag.
a1prime1 1 month ago
@a1prime1 well said..they can very easisly open up an annuity, mutual fund, IRA, ROTH IRA..actual retirement investment vehilces..you wouldnt walk into HR block to get your taxes done and ask them if they can do your hair while your there? your there for your taxes, you go to a salon to get your hair done..each place has its own desingend purpose
carsonc29 1 month ago
@leebertsk is that info you know for sure, or is that just specualtion?..primerica reps are not finaincial planners, anyone who claims to be is not bein accurate..they do put together a Financial needs anyalsis to assess the clients needs and give them an idea where they are at, just as alot of finance companies do, exceppt they dont charge a few for that service..but a state required life insurance license and SEC required series 6,63,26 license is required as well..
carsonc29 1 month ago
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leebertsk 1 month ago
Also cash values are considered loans to get out tax free, you could effectively take the cash out and not have to repay a dime at that point because paid up additions (if you know what those are) generate a dividend and the dividend will cover the interest.
Learn taxation please.
I dont know why you think clients think that cash value and death benefit are sperate at death, we illustrate them combined when talking about death.
Also lastly, I would like to know what credentials
leebertsk 1 month ago
@leebertsk at death a person either get the face ammount, or cash value..they dont get both..if i paid only 50k in premiums with a WL policy with faced amount of 100k plus cash value of 30k, your telling everyone the company will pay out 130k to the families benificiary, even tho the company only pocketed 50k..from a business standpoint, thats takin a financial loss..and tellin a person about dividends is speculative, dividends are never garuanteed
carsonc29 1 month ago
guess what? the $6 dollars she would save and invest from buying term invested at 5% a year was $2800. sure adds up. However the guaranteed cash value of the policy was $5800 and that didnt include dividends. So tell me where your going to get 9% returns other than a life policy right now or a 2 year Italian Bond?
leebertsk 1 month ago
@leebertsk you are posting way above you pay scale, don't you fucking ever post about dividends in a policy you hear me you lying piece of shit. trash value companies are not giving "dividends" AKA INSURES OWN MONEY BACK, DUE TO LOW INTEREST RATES !! do your dam research about returns on investments there are tons of funds that have done over 12%, you will go to hell for selling trash value policies.
owenbuca 1 month ago
@leebertsk why bundle your investments into a life policy..you wouldnt want your car insurance company to add a saving plan into the ploicy?..or savings plan into your homeownes ins??those have specific functions...life ins should be just that, life...i can open a mutual fund, IRA,ROTH IRA, annuity, other investment vehicles desinged for just retirement, that would probably out do any whole life returns
carsonc29 1 month ago
Illustrate to me right now.... how you can say and illustrate buy term and invest the difference is better. Your the sleezebag here. I built an exactly the same policy $25,000 base whole life plus $250000 Term 20 rider because she didnt need the insurance after that anyways. My policy I built cost $6 more a month then all of Primericas 5 terms combined for $275,000.
I showed her how the difference in premium, invested over 20 years would fare to the guaranteed cash value
leebertsk 1 month ago
Speaking of industry changes - in Canada - One time big player, Standard Life, is the latest trash value company to fall out of the insurance industry. There were over 3500 trash value companies in North America 35 years ago, now there are less than 990.
a1prime1 1 month ago
Also why are most Primerica Agents part timers? Would you trust your car repairman to know how much you need for insurance? Why wouldnt you trust full time financial advisors who work full time in the business and work day in and day out educating themselves about changes in the industry? Also your going to tell me that you can do solid estate planning with term? Your going to sell pricey term insurance to seniors to help them leave an estate?
leebertsk 1 month ago
@leebertsk Dividends in insurance products come from an overpayment on premiums, essentially an interest free loan to the insurance company. Representing them as investment returns constitutes fraud. If you’re doing this with clients, I hope you get caught. Errors & omissions insurance won’t help you & expect your company to turn their back on you. Estate planning? Don’t make me laugh. If you’re clients expect your help with this they’ll be bitterly disappointed.
a1prime1 1 month ago
I am curious as to what high yielding investment your investing in to regain the difference of cash and dividends values over 20 years to the difference in premium.
Also did you know you can put term riders on WL policies too? Just because the face amount is small does not mean its an inadequate amount. Like I said earlier, some Whole Life policies are paying 8-10% dividend scale, what sound relatively riskless investment can you offer someone at that rate?
leebertsk 1 month ago
@leebertsk The cash value is part of the death benefit. Why is it the client is led to believe that they get both the cash value & the death benefit (as though they’re 2 separate things) when all they’ll ever get is the death benefit minus any outstanding loans? You claim to be a professional yet don’t know that whole life pays MUCH higher commissions that term? Who are you trying to fool? Are you a liar or just an incompetent?
a1prime1 1 month ago
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@leebertsk Speaking of industry changes - in Canada - One time big player, Standard Life, is the latest trash value company to fall out of the insurance industry. There were over 3500 trash value companies in North America 35 years ago, now there are less than 990.
a1prime1 1 month ago
Thirdly. You pay interest on money borrowed. Yep it is true you can take a policy loan to access the cash and dividend values, if you dont pay it back it just eats away at your end death benefit. 4th. You dont lose the cash value when you die, its paid out as a death benefit.
The premiums pay fat commissions, they are just as fat as the people selling nothing but term too.
leebertsk 1 month ago
@leebertsk You question the professionalism of Primerica agents, yet you purposely misrepresent whole life. Why is that? To access the “savings” the client must either take out a policy loan (@6 to 8%) - which reduces the death benefit until it’s repaid - or must surrender the (permanent?) policy. Why would the client have to borrow their own money? Oh, that’s right, because there is no “savings” - it’s yet another lie.
a1prime1 1 month ago
@leebertsk How about the common practice of you “highly trained professionals” putting universal life policies on children and then telling the parents that they’re actually education funds? How about the “expert analysis” you do that results in as much or more trash value insurance being placed on the children as is placed on the parents? These are common practices we come across every day throughout North America. How much training does it take to be a sleazebag like you?
a1prime1 1 month ago
@leebertsk you must not fully understand how a WL policy works..the face ammount is what the benificiary gets, not the cash value..unless the policy is canceled..a company is not goin to pay out both face ammount and cash value..cash value is essentially the permiums paid into plus the interest accured from investments..WL policies are great policies for the rich and wealthy who can put more money into it, thus aquiring higher returns..but not for everyday people
carsonc29 1 month ago
First off,you claim that no interest is earned at the start, which is true. Can't refute that. Purpose is to keep people from max funding policies and cancelling them before the insurance company can make its money back. (insurance companies must make money you know) Second off, the interest earned once you start earning is higher than any investment out there, in Canada some companies is between 8-10%. How tiny is that in a period where short term and long term bonds yield less than 3%.
leebertsk 1 month ago
@leebertsk Funny how much of a difference there is between how you claim the whole life screw job works & how it actually works. Why is it that I can go through ANY whole life policy and clearly show that you’re lying about the returns? Also, why do you continue acting as if the “savings” & insurance are separate things? Have you ever examined a whole life police? Don’t you know how they actually work? Don’t you know the “savings” are part of the death benefit?
a1prime1 1 month ago
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a1prime1 1 month ago
@leebertsk At 4 to 10 times the cost of term insurance & the pathetic - usually negative - growth of the “savings” inside a whole life rip-off, you could buy the proper amount of term & put the difference in your mattress & be further ahead. Wow, you really need a full-time professional to properly screw you over? You’ve clearly shown you have no problem lying about returns & misrepresenting the product. Do you really think you’re fooling anyone?
a1prime1 1 month ago
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He further proves what an incompetent, lying, loser, sleazebag of a troll he is by going back to spamming comments.
a1prime1 1 month ago
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The troll uses a lower case “L” in his user name instead of a 1 (one) so he can impersonate me. Check out my profile and note that it shows that I joined YT on February 17th, 2011. Now check out the profile of the trash value troll who‘s claiming I‘m imitating him, It shows that he joined on August 31st 2011. I‘ve had this profile over 6 months before him, yet he claims I‘m imitating him. This is what he considers truth.
a1prime1 1 month ago
As you can see, the trash value troll is incredibly clueless when it comes to all things financial. He makes statements about whole life that can easily be refuted by going through any whole life policy. He’s a fraud & a failure who couldn’t make it in the trash value industry, failed in his own business, & has a huge chip on his shoulder regarding Primerica. He spends all his time now trolling YT & talking to himself through multiple aliases.
a1prime1 1 month ago
Besides costing 4 to 10 times more than term insurance (making it unaffordable for the vast majority of people to get the proper coverage that they actually need), you can also overpay on the policy & get dividends - essentially an interest free loan that you give to the company that they can return to you at some point, if they decide to. * Note any agent who misrepresent dividends from insurance products as being similar to investment returns is committing fraud.
a1prime1 1 month ago
The cash value in a whole life policy makes up the death benefit - there is no investment. Any “returns” on this garbage happen after the initial 2 to 5 years or more where the company keeps your money (all of it.) The only way to access your “savings” is to take out a policy loan (@6 to 8% revolving interest) or surrender the policy (yes the “permanent” insurance that the agent was so sure you needed.)
a1prime1 1 month ago
You may have also encountered the troll using the name: wodendog, insurancemike10, SuperLifeguy, jgilles85 ( a rip-off of a different user), Termisexpensive, alprime1 (a rip-off of me), & several other names that haven’t been seen since Google made users associate a phone # with their accounts. He has just confirmed this yet again.
a1prime1 1 month ago
This has been flagged as spam show
The troll uses a lower case “L” in his user name instead of a 1 (one) so he can impersonate me. Check out my profile and note that it shows that I joined YT on February 17th, 2011. Now check out the profile of the trash value troll who‘s claiming I‘m imitating him, It shows that he joined on August 31st 2011. I‘ve had this profile over 6 months before him, yet he claims I‘m imitating him. This is what he considers truth.
a1prime1 1 month ago
Man the morons on this page take the cake. One idiot is speaking of COI's on Whole LIfe when he really means to be speaking of Universal Life. With Whole Life there is NO increase cost of insurance - the cost is baked into the premium and then the unused "costs" are returned via dividends (which are tax free) - By year 4 your guaranteed cash value will be increasing greater than your premium if you find the right company - Mass, Penn, Guarandian, NML
aIprime1 1 month ago
@aIprime1 wy even deal with n ins company for retirement planning when i can just purchase mutual funds, IRA,ROTH IRA, annuities..you know, vehilces designed for just retirement..you wouldnt walk into an HR block to get your taxes done and ask them if they can do your hair, or change your oil while your there?..they have a specific purpose..why would a perosn want a LIFE INSURANCE comany handling their RETIREMENT planning?
carsonc29 1 month ago
@carsonc29 They build a product that’s supposed to combine insurance & investments & actually craps out on both accounts. They can make it seem good when they market it but in actual practice the client gets screwed over big time. The only winners with this garbage are the crooks who sell it & the companies that they work for. You’re right about leebertsk not knowing how whole life works. I don’t think he has a clue as to what he’s doing.
a1prime1 1 month ago
Let’s look at the average annualized returns for the last 30 years (including the recent period of market volatility): A good Equity Mutual Fund - about 12%, An aggressive Portfolio Fund - about 11%, A Conservative Fund - about 10%, S&P 500 Index Fund - about 9 ½%. You want an iron clad guarantee? If you get to retirement with only $22,000, you aren’t retiring.
a1prime1 3 months ago
A 30 year term for $250,000 would have cost her about $55 to $75 / month. Lets say $65 (still more than I would quote but let’s make this as fair as possible.) This would leave her with $180 / month to invest. At 7.1% interest she would have over $225,000. If she got 10% she could get there in about 24 years and cancel the policy. I can hear the troll now: “0% returns are far too risky, she need’s the negative returns that a trash value policy will guarantee.”
a1prime1 3 months ago
Our trash value troll considers the following to be a good policy and wise investment: Trash value life insurance with $225,000 face value at $245 / month (at this price it will never be a paid up policy - she’ll pay this as long as she owns it, assuming it isn‘t cancelled.) After 19 years it’s built up a cash value of $22,000. $96.50 / month invested at 0% (zero) interest will give you $22,000 in 19 years. At 4% interest she would have to pay $64.36 / month.
a1prime1 3 months ago
Click on SuperLifeguy and Jgillie's usernames. Notice that their channels are unavailable. Obviously these cowards have something to hide. If you notice on other channels, there's a jgillian who defends Primerica and when you click on his channel, it IS available. We know that Jgillie85 on this forum is a lying crook who steals others usernames so why listen to him? Why listen to SuperLifeguy? If they're too scared to show themselves, obviously they don't stand for anything. Kindly dismiss them.
yoranasshole 5 months ago
@yoranasshole He’s doing the same thing to me now. Shows you how much integrity exists in the trash value industry. These are the same people who put universal life policies on children and tell the parents that they’re education funds. They have no values, can’t defend their policies and practices without lying, and can’t attack Primerica without lying. Where I use a one in a1prime1 he uses a lower case L.
a1prime1 5 months ago
The 23 people who disliked this video probably sells whole life insurance. LOL
bluelite7x 7 months ago 54
When you thoughtful trash value agents insure the children for the same amount, or more, than you insure the parents, do you consider that to be doing what a CFP would do?
a1prime1 8 months ago
When you put a universal insurance policy on a child and tell the parents that it’s an education fund - are you actually doing it for that child’s estate and tax planning purposes? Why do your companies keep getting so many complaints and law suits? Is it because of the wonderful job you’re doing to them? Answer the question jackass. Stop being such a coward! These are real people you’re screwing over, creep!
a1prime1 8 months ago
2 days and still waiting for an answer.
a1prime1 8 months ago
Here’s a simple question no trash value agent will answer: what’s worth more - $1,000,000 held in legitimate investments or $100,000 held in a trash value insurance policy?
a1prime1 8 months ago
The answer is the one you try to avoid, troll - Person C, who never bought a `permanent` insurance rip-off and now has their original $1 million plus several more $ millions that they would have flushed down a `permanent` insurance rip-off policy. It’s the answer that `permanent` insurance selling crooks don’t want to hear.
a1prime1 8 months ago
Here's the simple question the Primericans won't answer - Who is better off financially - Person A with $1millon or Person B with $1 million and $1millon of permanent insurance paid up?
SuperLifeguy 8 months ago
@SuperLifeguy
How many "Person B"s are out in the real world? Yeah, didn't think so. Try again
yoranasshole 5 months ago
@SuperLifeguy What's the matter bitch? You don't want to discuss the policy? You said it was a good policy. You trashed Suze Orman. What's your background, loser? What companies did you run? (Other than your own, which you ran into the ground.) What's the matter, couldn't you find anyone who'd go into business with a disaster like yourself? You must have told them you're views on market returns. Did they run out on you at that point, moron?
a1prime1 3 months ago
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@SuperLifeguy Troll, you state that people should think like the rich in regards to their finances. Since you seem to believe you know how the rich operate, you should have no challenge answering the following; One of the many complaints coming from the occupy Wall Street protesters was that the rich don’t pay taxes. Why do the rich appear to pay no taxes?
a1prime1 2 months ago
@SuperLifeguy i would say the guy with just the $1 million option A, the whole point of insurance is to create a estate and replace your income..unless that individual is living beyond their means, $1 million should be enough to pay for funeral costs, most if not all debt, and any other costs, if they have $1 million, they can just use the extra money to invest in an annuity, mutual fund ect..no need to invest in life insurance of any kind.especially if they can get a bigger return
carsonc29 1 month ago
@SuperLifeguy on thier own.why invest in a whole life policy that historically gets low returns..thats not my word, several others have said the same thing
carsonc29 1 month ago
BTW you can get a bank loan for less than the 6 to 8% interest that you would pay on your policy loan and that would also be tax free. Is it really worth paying 4 to 10 times more for a whole life policy, having them keep your savings for the first 2 to 5 years or longer, getting a 1 to 4% return when money eventually does accumulate - just to get a policy loan at 6 to 8% interest?
a1prime1 8 months ago
Does it make more sense to invest the difference into a real investment or overpay on a crappy life insurance policy and get pretend savings?
a1prime1 8 months ago
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There are many insurance agents who have no problem misrepresenting themselves and the products they sell. If you have been scammed by an insurance agent, report them. If they did it to you, they’re doing it to others. Then find a reputable agent who will replace the policy they sold you with the proper amount of Term insurance. Remember, never cancel the old policy until the new one is in place.
a1prime1 8 months ago
By all means, read the Whole Life policy - start with the table showing cash accumulations. See the zeros in the first 2-5 years or more? Look at what you pay each month and subtract the insurance and various charges. Calculate how long it’ll take you just to break even. Now compare that to what you’re hearing from these scumbag agents who sell this crap. Remember, it’s costing you 4 to 10 times what a Term policy would have cost you. Did they quote Term?
a1prime1 8 months ago
Whole Life where: they keep your saving for the first 2-5 years or longer. Where, when money does accumulate it’s at 1-4% at best (negative savings when you factor in the 2-5+ years they keep your money.) Where, if you want to access your own money, you have to take out a policy loan at 6-8% interest. Where if you die, they keep your “savings” and deduct any outstanding loans from the death benefit. Source - the actual policies themselves.
a1prime1 8 months ago
@a1prime1 Lies - take a look at the policy - the loan rate nets down to zero or 1%, your GUARANTEED Cash Value will actually increase greater than your premium around year 4 - you will earn about 5% TAX FREE on your money and your Death Benefit will triple over time. Don't believe a word you hear from a Primerica agent - they don't know how life insurance works.
Jgillie85 8 months ago
@Jgillie85 what are surrender charges?
jerkilles95 8 months ago
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Remember, with Whole Life, you only get the “savings” or the insurance, never both. Besides paying 6-8% on any policy loans, any outstanding loans are deducted from the face value of the policy when you die. The only way to redeem your Whole Life “investment” is to surrender your policy. Did your agent tell you it cost you 4-10 times what a term policy would have cost you? Time to get another agent.
a1prime1 8 months ago 21
You can get a bank loan for less than the 6 to 8% interest that you would pay on your policy loan and that would also be tax free. Is it really worth paying 4 to 10 times more for a whole life policy, having them keep your savings for the first 2 to 5 years or longer, getting a 1 to 4% return when money eventually does accumulate - just to get a policy loan at 6 to 8% interest?
a1prime1 8 months ago
Remember, with Whole Life, you only get the “savings” or the insurance, never both. Besides paying 6-8% on any policy loans, any outstanding loans are deducted from the face value of the policy when you die. The only way to redeem your Whole Life “investment” is to surrender your policy. Did your agent tell you it cost you 4-10 times what a term policy would have cost you? Time to get another agent.
a1prime1 8 months ago
@a1prime1 And remember that loan rate nets down to zero or 1% as you receive a credit to the loan - it's a great feature to be able to take your DB while you are alive with no restrictions - TAX FREE - you can't do that with term unless you are terminally ill - I will take a 5% return, TAX FREE, all day long as my base or foundation for all of my other investments!!!
Jgillie85 8 months ago
@Jgillie85 Troll, you state that people should think like the rich in regards to their finances. Since you seem to believe you know how the rich operate, you should have no challenge answering the following; One of the many complaints coming from the occupy Wall Street protesters was that the rich don’t pay taxes. Why do the rich appear to pay no taxes?
a1prime1 2 months ago
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@Jgillie85 I’m asking it on 8 other sites & you keep spamming the question. Why is that troll? Why are you playing these games? Why do you throw in your own comment & spam that too? Is it so you can play victim? If you have time to do all this crap, troll, you have time to answer the question.
a1prime1 2 months ago
@insurancemike10 You said you were a former Primerica Rep yet couldn’t explain how a SMART loan works? Claiming to know how the rich operate, when I give you a question you should have been able to answer immediately, spend days spamming my questions & giving armature answers. You’ve shown repeatedly that your clueless when it comes to financial services so you resort to identity theft, multiple aliases, & spamming comments. You’re a fraud & a failure. All you have left is being a troll.
a1prime1 1 month ago
We’ve seen your disability riders troll. How many of your clients ever collect on them, none or almost none? Do you go through the fine print and show them exactly what has to happen in order for them to collect, or do you “forget” to do that as well? How many of them would get it if they knew what it actually said? The only guarantee you provide is that your clients will get ripped off. Put on you tap shoes troll, time for you to dance around the truth some more.
a1prime1 8 months ago
Interesting fantasy troll. Still trying to decide on an alias, back to the classics I see. The only thing that people are thankful for is that you leave. You can get a bank loan for less than the 6-8% than you’d be charged on a whole life policy loan, and that would be tax free as well. You forgot to mention that whatever they borrow out of their policy decreases the death benefit by that amount. My guess is when you’re dealing with clients you “forget” a lot of things.
a1prime1 8 months ago
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Whole Life where: they keep your saving for the first 2-5 years or longer. Where, when money does accumulate it’s at 1-4% at best (negative savings when you factor in the 2-5+ years they keep your money.) Where, if you want to access your own money, you have to take out a policy loan at 6-8% interest. Where if you die, they keep your “savings” and deduct any outstanding loans from the death benefit. Source - the actual policies themselves.
a1prime1 8 months ago
Troll switches aliases again. Economics 101? Who are you trying to fool troll? What are they going to use for retirement savings after they’ve spent their earning years pouring money into garbage like a whole life rip-off? What are they supposed to live on? The cash value? There won’t be enough to meet their needs and any money they take out (at 6-8% interest) is deducted from the death benefit. Wow, what a deal.
a1prime1 8 months ago
@a1prime1 So it's clear you don't understand how money works - WL is perhaps the single best financial product there is. You get 4-5.5% tax free plus all that life insurance!!! And it's protected against disability, what other product offers that? I have my clients, and I don't work with anyone who makes less that $250k/year save 10% of their investable assests into life insurance, and I'm thanked personally each year by all of them. I provide guarantees which no one else does!!! simple
insurancemike10 8 months ago
@insurancemike10 lol you need to read the book " how money works" it bashes all trash value policies .
probslpwtyormama 8 months ago 42
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@insurancemike10 I’m asking it on 8 other sites & you keep spamming the question. Why is that troll? Why are you playing these games? Why do you throw in your own comment & spam that too? Is it so you can play victim? If you have time to do all this crap, troll, you have time to answer the question.
a1prime1 2 months ago
@insurancemike10 you mentioned the 4-5% return....what is the REAL retuern after you factor in the mortality cost..WL may advertise 4-5%, but if you facor in the other costs, it may only get 2-3%..even a most money market accounts get at least 5%? you really dont believe if i get a WL policy at age 25 for 100,000 payin 50 per month, that at 50 or 60, with it costin the insurance company more money to insure someone my age, since now im older and im more at risk to die thus
carsonc29 1 month ago
@carsonc29 the real return is 4-5% moron - AND PS - you are confusing UL with WL dipnuts!!!
aIprime1 1 month ago
@insurancemike10 increasing the COI, that the insurance company is gonna be ok with that, they will simply take the extra charge needed out of MY cash value..it is very possible that i can have a whole life, pay all my premiums, and still have it lapse when im older..potential customers need to know fulyy how WL,VL,UL prodects really work
carsonc29 1 month ago
Whole Life premiums are 4 to 10 times the cost of term. When people retire they don’t need insurance, they need retirement income - something they won’t be able to accumulate while overspending on some rip-off whole life policy. They have to surrender the policy to get the “savings” out of it (permanent insurance?). What a deal. At least they can take comfort in knowing some sleazy insurance agent got a fat commission check off of them.
a1prime1 9 months ago
@a1prime1 That's the dumbest thing you've ever said. You most certainly do need life insurance when you retire. Without it you are strapped in regards to your ability to spend down your wealth. The ave. 65 year olds have a 50% chance of hitting age 90 - without the insurance you can't spend down the asset as it needs to survive two people's death. This is economics 101, I guess you missed that class
Jgillie85 8 months ago
You know troll, it’s interesting, when I sit down with a client who has a whole life policy - even though they’ve had it for years - I can replace that policy with substantially more term insurance and still save them money. This doesn’t happen once and a while troll, this happens all the time. And this is with a term policy that you, pathetically, claim is uncompetitive.
a1prime1 9 months ago
If you were to die, your survivors would need money to pay funeral expenses, pay off debts & expenses (such as utilities), pay for the children’s education, etc.. They must also look at their future retirement needs. This is not a short term need but a long term one. Did your insurance agent take any of this into account when they sold you your policy? For most families, the only way you can meet these needs is to buy Term insurance & invest the difference.
a1prime1 9 months ago
As far as you “shooting me down” troll, that’s merely your fractured little mind at work. The proof is in the policies, not in your demented fantasy world. You can twist and turn all you want, but when you look in the mirror, you’ll still see the same crooked weasel looking back at you. Have you ever paid a death claim in person troll? No, your sleazy company mails them out, don’t they? That way you don’t have to look into the eyes of the people you screwed over.
a1prime1 9 months ago
You don’t seem to know the difference between whole life and universal life, or are deliberately trying to confuse the two. It wouldn’t surprise me either way, troll. As far as the cash value of a whole life policy not being an investment - you’re right, it makes up the death benefit. So, why do you sell it as insurance & savings, troll. They get the insurance or the death benefit, not both - and they pay 4 to 10 times what they would have paid for term.
a1prime1 9 months ago
Funny how you have these magic whole life policies that only you have seen. Is that how you sell this crap? “Golly gee Mr & Mrs client, the company only says it will pay you this much, but in fact you’ll get so much more. You can trust me.” Also funny how you crooks never actually walk them through these policies when you deliver them. Why is it such a surprise to them when they read what it actually says?
a1prime1 9 months ago
Ah, dividends. In insurance dividends are the result of an overpayment of premiums - essentially an interest free loan to the company by the client. Some deal there troll. I hope you get caught telling them it’s an investment return troll - that’s out and out fraud on your part. Your e & o won’t get you out of that. Expect your company to turn on you too. You need to keep track of your various aliases better mike, oops, I mean troll.
a1prime1 9 months ago
Troll, you really are suffering from some form of brain damage. When have you backed up what you’ve said? Show me a whole life quote that’s not 4-10 times more than the same amount of term insurance on the same person at the same age. When it comes to lying, who can compete with you troll.
a1prime1 9 months ago
Now, compare what you just saw in your Whole Life policy to what the agent told you about it when they sold it to you. Do these two things add up? At this point, what is your level of trust in this agent? Do you believe you could ever trust a company who would sell this kind of product again. What would you think of this agent selling this same product to your friends and family? Questions you need to ask yourself.
a1prime1 9 months ago
@a1prime1: You do a really good job of twisting words and avoiding the issues being discussed. Believe me, I understand why you have to, or else you look pretty foolish. Where to start? How about with your lies:
Regarding Lie 1: I never admitting I screw over the middle class, though I have said on many occasions that WL is not right for them.
Re Lie 2: I always back up what I say.
Re Lie 3: A always quote term from multiple companies. Haha, do you? Nope. You can't.
wodendog 9 months ago
Re Lie 4: Please show me in one case from any company where a level term product is 4x or less cheaper than a WL policy from any company with the same DB. I double dog dare you.
Re Lie 5: I did not forget anything regarding the 92% CV withdrawal (which you have never mentioned, did you forget?). I just didn't say it. It's hard to say everything. But, if your going to mention the 6-8% policy loan, I think it's only fair to mention the dividend return you get at the same time . . .
wodendog 9 months ago
. . . which usually makes the 6-8% a wash. If you're losing 6-8% on 50k, but gaining 5% on 100k of dividend growth, your not really losing any money.
Re Lie 6: I NEVER said the a 10% return on a retirement investment was unattainable. So, why would you even say that? Are you dishonest? 10% is attainable, but many Americans are aren't getting that and some that do are still not ready for retirement. This is a fact that is talked about all the time all over America.
wodendog 9 months ago
Re Lie 7: Your discussion of a WL policy in general is both painful and amusing. Guaranteed CV (the table I assume you are looking) is not the standard to go by. These are the values that the company is contractually obligated to pay (and are insured to do so) it things in the economy and the company itself go wrong. Non-guaranteed CV values are those the are produced based on the current dividend and financial health of the company, which changes over time (up and down).
wodendog 9 months ago
If most investments had to give the equivalent of the WL CV guaranteed values table, you know what the guarantee would be? It would be Zero or N/A, every year, because nothing is guaranteed. None of the major WL companies have ever had to fall back on "guarneteed values", and the big three have been around for more than 150 years. NMFN, MM, and NYL have CV in the first year. Go check for your self.
Re Lie 8: You are always wrong when you say "the company keeps" anything.
wodendog 9 months ago
Re Lie 9: There is no "saving" in WL insurance (Literally). The CV is paid out as part of the DB. Remember, DB raises over time, usually faster than the CV you have access to. If I start with a 100K policy, and when I die it's has 200K in DB and 70K in CV, I get 200K. The 200K and 70K are not two separate accounts. CV is basically the potion of your DB you have access to while you are alive.
Why don't you do your research for a change and don't swallow everything PFS feeds you.
wodendog 9 months ago
Simple put, almost everything you say is wrong. Some of what you say are lies, while other things are things you merely think are true (hence not a lie, but untrue none the less). So, maybe a few of things I say are "lies" below are really just erroneous beliefs you have based on the brainwashing you have been subjected to.
I can shoot you down all day long while at the same time I never have to fear you proving me wrong on anything. You seldom try, and when do you try, you fail.
wodendog 9 months ago
Next in your Whole Life policy: Turn to the section in the policy regarding policy loans. That’s right - if you want to access your own money, you have to do it through the policy loan. If you get a policy loan, you can expect to pay 6-8% interest. Now, turn to the part where it explains the death benefit. Notice how it mentions how the policy loan is deducted from the death benefit and that it make no mention at all about paying out your savings. They don’t.
a1prime1 9 months ago
If you have a Whole Life policy: Turn to the table showing cash accumulation. Notice that there are zero’s in the first 2 to 5 years or more. The company keeps this. This is why theses agents sell this - it pays them huge commissions. Now, deduct the cost of insurance, fees, etc. from the premiums you pay each month - this is the money going into your “savings“. Calculate how long it will take you to break even from the time you started paying.
a1prime1 9 months ago
You forgot to mention that removing 92% of the cash value in a whole life plan will still require a policy loan (6-8% interest) and will reduce the death benefit by that amount - easily confirmed by anyone who reads the policy, idiot. You wouldn’t recognize truth if it fell on you troll. Tell me again how a 10% return on retirement investment in unobtainable, moron.
a1prime1 9 months ago
Thanks for admitting that you screw over poor and middle class families troll. Are you going to start chanting your MLM/China mantra again? You might as well since you have no real arguments to back up your crap. The proof that our term is 4 to 10 times cheaper that the crap you sell comes when we give quotes to your former clients and replace your policies - as you know very well troll. Do you ever even quote term? Obviously not.
a1prime1 9 months ago
BTW troll, I see you’re busy switching aliases again. I guess since nobody will agree with you you’ll just agree with yourself.
a1prime1 9 months ago
@a1prime1: Still, you are unable to refute anything I've said. Do you have any comments on the COLI situation I mentioned earlier? It's a pretty air tight case. I can see why you'd avoid it.
Again, if WL worked the way you claimed it did, then no one would buy it, especially not those who are more financially savvy. Interestingly, notice how the financially savvy don't buy much from Primerica. Primerica relies on selling to those that are ignorant about insurance and the options they have.
wodendog 9 months ago
Whole Life premiums are 4 to 10 times the cost of term. When people retire they don’t need insurance, they need retirement income - something they won’t be able to accumulate while overspending on some rip-off whole life policy. They have to surrender the policy to get the “savings” out of it (permanent insurance?). What a deal. At least they can take comfort in knowing some sleazy insurance agent got a fat commission check off of them.
a1prime1 9 months ago
@a1prime1: A few other things: Show proof of a term product that is 4x as cheap as WL product (with same DB). Don't show me greater than 5x the cost, show me 4 or less.
You say "when people retire they don't need insurance". Really? In 2011? What world do you live in? I know people who are retired and still have kids in grade school, owe millions on their mortgage, and who have a lot of people they are leaving behind who rely on them financially.
wodendog 9 months ago
Troll, you’re so full of crap it’s scary. Stop pushing this estate planning garbage, you’re not haunting YouTube sites to push estate planning. If “permanent” insurance crooks were only selling their crap for the purpose of estate planning there never would have been a Primerica. Primerica was started because you were screwing over families to make a quick buck, just like you’re doing today. As far as value, the only you bring is to your own bottom line.
a1prime1 9 months ago
@a1prime1: Let's look at a few of the things you've said. You claim I'm "pushing" and "haunting youtube" with the estate planning issue. Really? I've mentioned that Suze Orman supports it in some cases and that recently a high profile Rock Star, Gene Simmons, has taken on somewhat of a personal crusade against the taxes that the wealthy have to pay. His solution (and that of his more reputable colleages) is a unique form of permanent LI. Why don't you address their claims directly?
wodendog 9 months ago
@a1prime1: You also claim that PFS was started because of the pushing of the the EP issue. Do you really not know the history of your own company? Let me tell you what Arthur Williams really though and how PFS came about. First, he wasn't concerned much with the wealthy. He was concerned with the poor and middle class. He felt people were under-insured because they could never buy enough of DB to cover their actual needs (such was the case with his family when his father died).
wodendog 9 months ago
@a1prime1: AW also felt that CV accumulated too slowly relative to other ways people could invest. Honestly, AW did alot of great things and got the word out about BTID (an idea he did not come up with himself). Many years later, what we have as his legacy is Primerica. Sadly, Primerica has failed to keep up with the competition over the last 2 decades and in order to be successful it relies much more on it's MLM recruiting scheme than actually producing competitive quality products.
wodendog 9 months ago
@a1prime1: I also know many retires who are putting multiple kids (sometimes their own, sometimes not) through colleges where the annual tuition is 40k+ per year. Also, many of these people have had investments and retirement plans that haven't panned out.
Yes, in an ideal world people would not need LI once they retire. But, we don't live in an ideal world.
With a WL policy, you can take out up to 92% of CV without having to surrender it (NMFN). Be truthful and choose you words carefully.
wodendog 9 months ago
If you were to die, your survivors would need money to pay funeral expenses, pay off debts & expenses (such as utilities), pay for the children’s education, etc.. They must also look at their future retirement needs. This is not a short term need but a long term one. Did your insurance agent take any of this into account when they sold you your policy? For most families, the only way you can meet these needs is to buy Term insurance & invest the difference.
a1prime1 9 months ago
@a1prime1: Think about our two approaches to LI. You believe everyone should buy one type of policy (level term) from one company (PFS). Correct me if I'm wrong. I believe that most companies and types pf products bring something to the table in some way shape or form. Some times it's tough to figure out which products from which companies are best for you, but with some research and good advise, a good fit can be found.
wodendog 9 months ago
@wodendog Where you are wrong is about the values Primerica agents bring - let's be real clear, they bring NO value whatsoever. Most are part timers who have memorized a script. I have only come across one at a cocktail party. He came over to our conversation, starting going into his deal, like anyone cared. He came off so bad (I should note he was an RVP) that I got 4 clients from just being there and "riding" him a bit - I had his head spinning so fast that he had to leave the party.
insurancemike10 9 months ago
This has been flagged as spam show
@wodendog I’m asking it on 8 other sites & you keep spamming the question. Why is that troll? Why are you playing these games? Why do you throw in your own comment & spam that too? Is it so you can play victim? If you have time to do all this crap, troll, you have time to answer the question.
a1prime1 2 months ago
Tom Hopkins (Millionaire - Real Estate / Sales Training) became a champion for Buy Term and Invest the Difference after he discovered what his insurance agent was up to. You may have heard recently about the current lawsuit launched by Tom Hanks and his wife against their former insurance agent. Given the number of lawsuits filed against the various “permanent” insurance companies - would you trust them with your estate planning?
a1prime1 9 months ago
@a1prime1: Yes, I have heard of Tom Hanks' Dilemma. I've never heard of that company before. You overstate your case, as always. Recently in the Wallstreet Journal an article talked about many LI companies that were not paying claims, most of which were term focused, none of which were the major WL companies.
Have you heard of Gene Simmons recent plunge into the LI business? According to him and his more legit financial colleagues, it's the Wealth that need Permanent LI.
wodendog 9 months ago
Gee troll, since you’re painting yourself as such an expert, I would have expected you to have actually read a whole-life policy - though I wouldn’t expect you to be honest about what’s inside it. Whole life works exactly like I claim (source - the actual policies) but that’s not how it’s sold, is it? When clients realize what you sold them - replacing them is a breeze. Exactly how much corporate estate planning does the “average Joe” need when they don‘t have a corporate estate?
a1prime1 9 months ago
@a1prime1: First of all, you are not refuting anything that I have said. As I mentioned many times, if WL worked they way you claimed, then no one (especially not the financially savvy) would buy it. HOWEVER, since the bulk of the people buying WL are in fact those that are considered financially savvy, you're argument doesn't make sense. I've never said WL is for the "average Joe", I've always said it it best suited for the upper middle class and wealthy.
wodendog 9 months ago
@a1prime1: You simply cannot explain how someone in charge of finances at a corporation can instruct/advise that corporation to buy WL for it's key employees when he/she is not receiving the commission, CV, or death benefit (i.e. he/she has no personal motivation to utilize WL because he/she has nothing to gain, aside from recognition that they are performing their job well). They buy it purely for the financial stability of the corporation. It's just math.
wodendog 9 months ago
@a1prime1: I'm not following the advise of someone who claims "how to sell anything". Tom Hopkins is a joke and would make a good guest on Penn and Teller's show BULLSHIT. In many ways people like Tom Hopkins are what bring down the insurance and financial services industry. There are a lot of cases where people are sold Primerica products and WL policies when they are clearly not the best option (I said it). But, snake oil salesmen convince them to buy irrationally.
wodendog 9 months ago
If WL worked the way you claimed, then no one would be buying it, especially those at the higher ends of financial understanding. But, they do.
Most of the things you post are simply not true regarding WL, regardless of how much you want it to be.
wodendog 9 months ago
In the BOLI/COLI example, professional money managers are tasked with keeping their organization running smooth financially. Many of them will instruct there organization to buy WL to insurance a key person. The people who sign off on the deal are not agents, nor do they get the commission, the DB, or the CV if the insured dies. What's there motivation to such a plan into action? Simple, to ensure the stability of their bank, corporation, or business.
wodendog 9 months ago
This has been flagged as spam show
I and my many friends have posed a very simple question that won't be answered - I will take a crack at it. Assume there are two people, each has $1 million in cash. However Person 1 had a term policy for $1 million that just lapsed and Person 2 has a paid up $1 million guaranteed Death Benefit. Which person is in a better financial situation? Person 1 or Person 2?
SuperLifeguy 9 months ago
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Remember, with Whole Life, you only get the “savings” or the insurance, never both. Besides paying 6-8% on any policy loans, any outstanding loans are deducted from the face value of the policy when you die. The only way to redeem your Whole Life “investment” is to surrender your policy. Did your agent tell you it cost you 4-10 times what a term policy would have cost you? Time to get another agent.
a1prime1 9 months ago
Whatever you say Mike, oops, I mean troll. Anyone who’s curious can look through the past comments posted on this site if they want to kill some time. Speaking of junkies, that’s why you use so many aliases, jgillie, oops, I mean Mike, oops, I mean troll - apart from everything else, you want to hide the fact that you spend every moment of your free time trolling the net. You won’t tire of anything, you’ll just come back under another alias.
a1prime1 9 months ago
@a1prime1: If you are correct about WL insurance, and the average joe is getting duped by slick WL salesmen, why is it that WL is used in BOLI/COLI (Bank/Corporate owned LI) and for estate planning purposes (even Suze admits it can be good for that). The people making these decisions at banks, corporations, and estate planning firms are not your average joe. Are they being conned?
Ironically, I've never heard of any Primerica products being used for the same purpose.
Can you explain this?
wodendog 9 months ago
BTW troll, you did your whole “bond” thing under a different alias - or should I say aliases. What I love about it is the amount of work I can force you to go through keeping track of your multiple identities and endless lies. When you screw up, you come across as the total whack job that you are. I just keep one identity and stick to the truth. A totally alien concept for you, I know.
a1prime1 9 months ago
@a1prime1: Nope, wrong again. This is my only profile.
I really think it's odd that most of the accusations you make toward others are merely descriptions of yourself. You're the troll, you're the on that posts constantly, you're the one with multiple aliases, you're the one who knows nothing of LI, and you're the one that constantly lies.
The only one working hard here is you. Your an addict. A youtube junkie.
I'll likely tire of you soon, so try keeping it interesting Mr. Bond.
wodendog 9 months ago
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Troll, do you really think anyone is buying your crap at this point? You can use as many aliases as you want. You can post all the crap you want, but the proof is in the policies - ours and yours. I can back up what I say with my own policy and boxes and boxes of your policies, which we’ve replaced. Now I know you can’t accept that - being a lying sack of crap is at the very core of your nature - but it’s true.
a1prime1 9 months ago
This has been flagged as spam show
Remember, with Whole Life, you only get the “savings” or the insurance, never both. Besides paying 6-8% on any policy loans, any outstanding loans are deducted from the face value of the policy when you die. The only way to redeem your Whole Life “investment” is to surrender your policy. Did your agent tell you it cost you 4-10 times what a term policy would have cost you? Time to get another agent.
a1prime1 9 months ago
This has been flagged as spam show
I and my many friends have posed a very simple question that won't be answered - I will take a crack at it. Assume there are two people, each has $1 million in cash. However Person 1 had a term policy for $1 million that just lapsed and Person 2 has a paid up $1 million guaranteed Death Benefit. Which person is in a better financial situation? Person 1 or Person 2?
SuperLifeguy 9 months ago
BTW troll, who is we? You and all your invisible friends? Is it time for you to start arguing with yourself again? Better push those comments down the page quick, right troll?
a1prime1 9 months ago
This has been flagged as spam show
Troll, do you really think anyone is buying your crap at this point? You can use as many aliases as you want. You can post all the crap you want, but the proof is in the policies - ours and yours. I can back up what I say with my own policy and boxes and boxes of your policies, which we’ve replaced. Now I know you can’t accept that - being a lying sack of crap is at the very core of your nature - but it’s true.
a1prime1 9 months ago
You might be a lying, deluded, unethical, weirdo troll, but you are very predictable.
a1prime1 9 months ago
Ah, another of the trolls aliases comes out to play, surprise, surprise.
a1prime1 9 months ago
@a1prime1: Haha, again, the term "troll" most aptly applies to you. Google it dumb dumb.
I've always liked posting on basspig's page because he keeps people in check when they go over the line. You've remembered this apparently, since your posts here are much less vulgar than those you posted else where. Hmmmm, interesting . . .
Ah Bond, I've missed you.
wodendog 9 months ago
Troll, you don’t have any friends - that’s why you troll the internet all the time. Your question isn’t just simple, it’s vague. Given that you don’t analyze your client’s needs, beyond how much you can charge them for your Whole Life rip-off it’s not surprising that you would ask this. If he has no dependants & no debts, then he doesn’t need any insurance at all - he needs to invest it and only a greedy retard like you would suggest investing in an insurance plan.
a1prime1 9 months ago
So lets see, so far the troll has - through various aliases - pretended to be an insurance agent (with a couple different companies), a Primerica agent, and a former Primerica agent. He has alternated between agreeing with himself and arguing with himself. He has shown a lack of ethics and a lack of knowledge about insurance, investments, business, and taxation. Why would anyone ever do business with this twisted, brain damaged, freak?
a1prime1 9 months ago
@a1prime1: Basically, almost everything you just said describes yourself. You've had at least three aliases, you lie constantly, you make personal attacks, you know nothing about life insurance, and you're brainwashed. Most people you argue with on YT are from major WL companies, ones that have have CV in the FIRST year. We know this. We own these policies. We know many companies that can do this. Hence, we know you are lying or are just to brainwashed to know better. Or both.
wodendog 9 months ago
@a1prime1: Also, we know you are Mr. Bond. Why change your YT name, especially more than once? Do you feel you need a fresh start because of all the baggage your older names carried around. Well, I suppose that happens when you lose every debate and argument you are in.
If you want to keep posting lies, go ahead. Some will always step up to tell the truth. Haven't you realized that buy now?
Check out winquotes . net to see how truly uncompetitive PFS prices really are.
wodendog 9 months ago
I and my many friends have posed a very simple question that won't be answered - I will take a crack at it. Assume there are two people, each has $1 million in cash. However Person 1 had a term policy for $1 million that just lapsed and Person 2 has a paid up $1 million guaranteed Death Benefit. Which person is in a better financial situation? Person 1 or Person 2?
SuperLifeguy 9 months ago
Man, the stupidity found here is unbelievable. Are you Primerica people really that stupid and naive??? Where do you get your information from? Oh probably from your "upline". Well they obviously dont have your best interest at hand. C'mon a blanket rule, buy term invest the difference??? No real adviser would ever follow a hard and fast rule like that. Again I ask where the heck do you guys get this misinformation from?
blackopsa33 9 months ago
Troll, do you really think anyone is buying your crap at this point? You can use as many aliases as you want. You can post all the crap you want, but the proof is in the policies - ours and yours. I can back up what I say with my own policy and boxes and boxes of your policies, which we’ve replaced. Now I know you can’t accept that - being a lying sack of crap is at the very core of your nature - but it’s true.
a1prime1 9 months ago