Just got life insurance with Primerica. The advisor is reviewing my Roth IRA and 529 as well. Any questions I should ask?

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Nooooo. Run. As fast as you can. Primerica is an MLM and the reps are clowns.

likesmarthelpful

3rd party? Travelers insurance was fully acquired by Primerica in 1993. Then there’s some funny business around integrating and spin-off w/parent co Citi.

Ask them about fees on the mutual funds.

I know about Primerica. I don't really see any harm in using them. They are an MLM, but most life insurance companies operate in similar fashion. They push term policies and mutual funds. I think most of their reps are series 6/63. I trust them more than the guy pushing a variable or whole life policy.

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Fingers crossed

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Oh no..... who's gonna tell them

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Primerica helps middle incomers, unlike 99.99% of other companies who only will take care of the rich.

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No questions for them. But for you, what type of insurance did you get and do your need insurance? Where are your 529 and IRA? Don’t let them convince you that they should be manage your investments for you. Just put your accounts in broad index funds and you will be fine.

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Agree. But if op is young, annually renewable insurance would probably cost more than a 30 year policy. Hard to say with no information

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The only review you’re going to get will result in a sales pitch for some s”””ty product.

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Who are your beneficiaries OP? What kind of insurance did you get? Please say term.

Primerica only sells term and educate the uneducated the evil of whole life insurance.

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I would avoid them. There are better companies that do both of those things

What life insurance did you get? Hopefully not whole life or term. There are a lot of cons with investing your money into that sort of policy. However, if you’re just looking for the death benefit and not using it as a vehicle to compound your money and accumulate wealth then it’s not terrible. What is the advisor reviewing concerning your 529 and Roth IRA?

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