Life Insurance Reviews

Primerica Life Insurance Company Life Insurance Reviews

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(31 reviews)
Primerica Life Insurance Company
2.7 out of 5 stars:
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Primerica is only death benefits & not whole life!!!

by Monica Vila on Dec 24, 2023
1.5 out of 5 stars

Primerica lied to me, they made me cancel my amazing Whole Life insurance policy with Living benefits as chronic, critical and terminal illness for their cheap life insurance policy that is NOT whole Life and that only gives you DEATH benefits!!! As well premiums increase every year!!!!
Primerica is so basic that is not even worth it!!! Primerica stop lying to people with real whole Life insurance to switch them to Primerica so you guys can get paid!!! Stop!!!!

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Most trustworthy insurance company out there!

by Chase on Sep 14, 2022
5 out of 5 stars

Primerica did not just offer me the most affordable and effective insurance products, they explained how the policy worked and set me on a path to retirement.

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Disgusting

by Mandy on Aug 30, 2022
1 out of 5 stars

Signed up in 2011. Being a single mother I needed to make sure my kids were taken care of. Well recently my kids' lives got bad and we had to move and I had to change my bank information, called and texted my representative with the new information. Months later find out payments are not coming out, Call the company and all they have to say is too bad, I can start a new policy but all the money I put in since 2011 is gone...

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Straight forward approach

by Justin on Jun 9, 2021
5 out of 5 stars

When my old contract was examined next to my now Primerica contract, it was obvious that the slight price savings of the old insurer was not worth the major financial loss over the lifetime of the policy.

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Amazing company and services

by Alex on Apr 16, 2021
5 out of 5 stars

10 yrs ago, I have been seeking a financial plan service that can help me build up my wealth. Thank God bring Primerica and it's advisor to my life. That year I first get a tax return of $5500. 10 yrs later, I have 1.8 million life insurance coverage for my family and my assets doubled as I was dreaming about!!

Thanks for the professional service from Primerica and my advisor!

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Excellente compagnie

by Jio on Feb 26, 2021
5 out of 5 stars

Je lis certaines review et cela m'étonne je pense que certaines personnes se trompe de compagnie!!

Mon père a été sauvé par cette compagnie : Assurance vie prise 6 mois avant que mon père fasse des tests et découvre un cancer. Grace à l'Avenant à valeur rajouter sa prestation augmente avec le temps sachant qu'il n'aurait pas eu cette option la autre part.

Pour ma part, j'ai vaguement entendu parler de la compagnie auparavant. J'ai l'Assurance-vie Temporaire, REER pour ma retraite, CELI pour ma conjointe Plan pour mes dettes et un régime étude pour mes enfants

Excellent service client, agent courtois et serviable ainsi que l'apprentissage de beaucoup d'aspects financiers.

Je recommande fortement

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Did you know that mortgage insurance is the same as life insurance but more expensive and offers less protection? By cancelling it and getting life insurance, you would typically save around 30%-40% for the same coverage.

Not satisfied

by My son my angel on Dec 14, 2020
1 out of 5 stars

I am very disappointed with this company. I signed up with this company in July 2020. Once I made my first payment I was told that myself and my child were covered. Around October I was hospitalized with Covid. While in the hospital the 2nd time I was told via email that my premium went up. My only focus was to make a full recovery. On November 25, 2020 my son was murdered. When I called to file a claim, I was told that an adjuster would contact me. Over a week later, no word from them. I decided to give them a call back and was told that my claim was denied. I was told that they issued me a refund but I have never received it. The adjuster lacked empathy and compassion for anyone. Not only am I dealing with the loss of my only child, I have also to deal with this. Please run away from this company. They have no empathy for you or your loved ones!

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Primerica

by CMB on Jun 29, 2020
1.5 out of 5 stars

I have been with Primerica from when it was Alwilliams then Milico now Primerica about 40 years! I have endured the rate changes on Renewal. But this last one broke the camels back. When I talked with my agent in march of 2020 on the changes that I needed to make to drop the amounts paid to a beneficiary due to price increase due to age. She says no problem. Got a new policy but changes were not done as requested. Talked with her again and she said they would fix it. Received the second new policy it was the same thing again no changes made. Called her again said she would look into it and get the changes made. At this point today, I have been waiting over a month and a half for the updated policy. I get one excuse after another. So as of today, I cancelled my military allotment to Primerica and my policy with Primerica. The customer service at the agent level in near none existent.

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VIP service and advise

by Avergage Canadian on Apr 17, 2020
5 out of 5 stars

I had universal life insurance for $300/month for $250,000. My Primerica advisor helped me to reduce my monthly cost to $100/month and increase my coverage to $750,000 Amazing! 3X the coverage! (Since I got a mortgage and young kids). The money that I saved from RBC ($200/month), Primerica Advisor helped me open a TFSA account and invest in a mutual fund from Fidelity. I will have well over $210,000 in my savings account. That what I called the best deal I highly recommend Primerica products and services to you guys!

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Did you know that if you are a 35-year old female, a term life insurance policy for 10 years with coverage of $500,000 will cost you around $15-$20/month? Getting your life insurance quote today will allow you to lock-in a great rate.

Most Expensive Insurance

by ShakenNotStirred on Apr 16, 2020
1.5 out of 5 stars

On the first page of the policy, it says Modified Term Life. Upon investigating I find that the 20-year term after the second renewal changes the term. Very odd! It eventually becomes an Annual Renewable Term meaning that it goes up every year. Especially after age 60 man does it every start to increase exponentially. Upon inquiring if it can be converted into a permanent policy; they have NOTHING. All term. They don't think people have taxes to pay upon death. How about those with investment properties? How about those Capital Gains? I asked how financially strong the company is and the representative that has an RVP title told me that it was strong and the stock price keeps going up. I told him that people aren't going to be able to afford the renewals in retirement. He said you should be wealthy by then and not need it. I asked him what PERCENTAGE OF POLICIES end up in a CLAIM. HE SAID 4%. Can you believe it a 4%, meaning that 96% of the clients would never claim. Why wonder the stock prices keep going up. They hardly pay any claims!

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