Primerica Canada Reviews

Updated 2 Sep 2020

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4.5
91%
Recommend to a Friend
99%
Approve of CEO
Primerica Chief Executive Officer Glen Williams (no image)
Glen Williams
32 Ratings
  1. COVID-19
    Helpful (6)

    "Solid company to work for - wouldn't work anywhere else."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - District Leader in Surrey, BC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Primerica full-time for more than 3 years

    Pros

    First off, the silly reviewers that throw around the words MLM and Pyramid scheme should give their head a shake! A Pyramid scheme IS ILLEGAL! Do you honestly think that a company that is PUBLICLY TRADED on the NASDAQ and is licensed in EVERY STATE AND PROVINCE aaaand on the FORTUNE 1000 (google it, glassdoor won't allow me to post web links) will be a PYRAMID SCHEME?!? Primerica is NOT an MLM - it is set up EXACTLY like a real estate brokerage. Have a look at a RE/MAX office and how it's structured. Why not put some extra work into your research before showing your ignorance to the rest of the viewers here? The Pros of Primerica for me is that it saved my marriage. No, really, it did. We were in financial turmoil - long story short: my fault - which caused more than a strain on our relationship. Primerica showed me a better way to first manage my debt and then ultimately eliminate it. They then showed me how to properly invest and save on taxes using properly invested RRSP facilitated by an RRSP loan. We are now debt free and on the way to attaining our Financial Independence number; and side note: our marriage is stronger than ever. I now work full time for Primerica and DON'T have to recruit my family and friends; I ask them to refer me to those that might need help. I teach fundamental money concepts that SHOULD have been taught in school. From there, people understand they need to be properly protected and save for the future, to not be instantly gratified, but to look ahead and have a target. other Pros: - Save people from drowning in debt - Build a business for yourself, but not by yourself (their support system is second to none) - There is no manual labor involved and it's pandemic proof - we are an essential service - All training online, licencing is done online, the BUSINESS itself is now 100% online if you so choose. I could go on, but if you REALLY do proper research, you will see that this is a legitimate business opportunity - the results and coaching may vary depending on which office you work with.

    Cons

    1. You ACTUALLY have to work. This is not like being an employee and punching the clock then waiting for your shift to end. This is running a business - if you don't produce, you don't get paid. Which, btw, will also get your fired from your job. 2. You need to put in not 1 or 2 months. Some have to stick with it for 6-24 months part-time because they need to skill up and learn how to communicate. Just know that everyone can do this and put the work in - but that doesn't mean that EVERYONE will WANT to put the time in. Those that were in this business for less than a year shouldn't say that Primerica didn't work - they should be asking themselves how MUCH they actually worked.

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  2. Helpful (1)

    "Easy but low pay"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Receptionist in Vancouver, BC
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Primerica part-time for less than a year

    Pros

    Little word load. Often have too much free time on hand.

    Cons

    Lack of career growth opportunity unless you want to become an agent.


  3. Helpful (1)

    "Would not trade what Primerica has given me for anything, time and freedom of choice"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Representative in Red Deer, AB
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Primerica full-time

    Pros

    Taught me tons of things that the 1% don't want us little people to know. I have earned a great deal about my person self development and how much was needed to survive here. I have earned enough money now that I have been joyfully kicked off my CPP disability. I have made too much money, that is not something most people who are physically disabled get to say. I learned that my husband and I had the incorrect form of insurances plus I learned that I was able to get an RDSP which I was allowed for 6 years before someone with Primerica was referred to me. I learned that if I control of my own disability it would not have been gone after 5 years from my employer. The amazing things I have learned here and been able to assist other people with changes not only my life forever but also theirs.

    Cons

    The only Con here is the fact that not everyone sees what we really do and they say no, however this is not on me.

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  4. Helpful (3)

    "DON’T WASTE YOUR TIME...."

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Insurance Broker in Montreal, QC
    Doesn't Recommend
    Negative Outlook

    I worked at Primerica part-time for less than a year

    Pros

    None...there are absolutely zero benefits...

    Cons

    Loose your friends, you must think only MONEY, you will find yourself alone. The list is infinite.

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  5. "Great companuy for new post-grads!"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Freelancer - Content Writer in Toronto, ON
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Primerica

    Pros

    Kind people, teams, and motivational lunches. They make the time to let you know that they appreciate your work.

    Cons

    High turnover rate-- it's necessarily a place for upwards growth within the company.

  6. Helpful (2)

    "Client centrad and affordable insurance and investment options"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor in Brampton, ON
    Recommends
    Approves of CEO

    I have been working at Primerica part-time

    Pros

    Affordable products and services provided b Primerica

    Cons

    Poor Work life balance and lot of travelling

  7. "If it's for you it's for you"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Freelancer - RVP in Barrie, ON
    Recommends
    Positive Outlook

    I have been working at Primerica for less than a year

    Pros

    Great place to make money on the side

    Cons

    Sucks starting up. Because you have to start up your team

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  8. Helpful (4)

    "STAY AWAY PYRAMID SCHEME"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Advisor in Halifax, NS
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Primerica full-time for less than a year

    Pros

    None, the whole thing is a scam

    Cons

    The whole company is one giant con

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  9. "Great company concepts that work!"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Freelancer - Senior Representative in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Primerica for more than 3 years

    Pros

    Awesome knowledge, with the ability to acquire two licenses. The skies the limit financially, for those that work.

    Cons

    Be careful of the people that are leading the team and their successes. Their work abilities do not effect yours.

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  10. "Great company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Freelancer - District Sales Leader in Elmira, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Primerica for more than 3 years

    Pros

    No monthly minimums Great class experience to earn licenses Great support from head office for any question Equal pay opportunity for work put in Pay increases on your level of work ethic

    Cons

    If you don’t put in the work you don’t get payed.

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Found 74 reviews