If you know what a pyramyd scheme is, they are illegal. Primerica is a publically traded company and works with churches, police departments and  many other law enforcement agencies. The company is more legit than a bunch of people sitting around in their underware writing a blog about something in which they have no understanding at all.  The people who complain are the people who couldnt make it work.  It is a reliable way to build for your future goals.  Primerica is not looking for investors, top investors are lining up at their door trying to buy shares of Primerica.

Yes, they are a publicly traded company.  I notice that the people promoting the company on various web sites are careful to note that Primerica isn't technically breaking the law. That's because the company knows exactly where that line is, and how not to cross it.

If anyone wants to give the company a try, fine. But they have a right to know beforehand that it's really a marketing effort for Citigroup financial products. They have a right to know that they'll be urged to sell insurance to their friends and families, and that they'll be urged to recruit more sales reps. They also have a right to know that it's what you're doing right now.

More on the Primerica scam

http://www.consumerfraudreporting.org/primamerica.php

http://www.complaintsboard.com/complaints/fraud-and-scam-c98332.html

http://www.100insurers.com/wwwboard/messages/8092.html

Citigroup is no longer controlling Primerica. Im glad the insurance is offered to friends and family because it is the only company that will do the best for a family under any circumstance.  If your not interested in helping the people you care about than who do you want to help?

Primerica is a spin-off of Citi. Citi got the profits from the sale of Primerica's primary shares, and Citi maintains 1/3 to 1/2 stake in Primerica.  Primerica predominantly sells Citi financial services/products.

It's debatable whether the products you sell are helping anyone. Many of the financial services sold by Primerica are described as largely worthless. If people feel confident selling the services to their friends/families from a company that claims you need no background in financial services to do it, more power to them. But as I said, they have a right to a fair perspective going in. Primerica reps earn an average $5,100 a year. So if that sounds appealing, go for it. But know what Primerica's version of "living the dream" and "being your own boss" actually means.