Primerica Life Insurance Review – Protected or Neglected?
last updated on September 15, 2025PRIMERICA LIFE INSURANCE REVIEW
No Primerica review is complete without saying that they’re a semi-well-known name in the term life insurance and financial services industry in the United States and Canada. Since 1977, they have developed and grown their business based on one saying: buy term and invest the difference.
That’s a catchy saying that sounds easy, but this sales tactic costs families money they likely don’t have, and potentially restricts their financial freedom in the future.
Better: That’s where I, Randy the Final Expense Guy, come into play! I make sure families don’t just get fooled by a slogan; they actually get the right policy, the proper coverage, and the lowest rate for their needs.
Better: I like saving my clients money, so I often conduct Primerica policy reviews and find that many Primerica plans are consistently overpriced, often leaving people underinsured and overcharged.
PRIMERICA COMPANY HISTORY
Bigger Doesn’t Always Mean The Best!
Primerica started in 1977. It grew quickly, was absorbed by larger financial companies, and spun off to its own full public company in 2010, and was listed on the New York Stock Exchange.
Some would say that means they may be more concerned about their stockholders’ investment returns than getting you life insurance that saves you money and fits your monthly income.
Better: Unlike Primerica, my agency is dedicated to working for you, not investors.
Better: My agency is 100% independent and licensed in all 50 states. I am not tied to one company. I help families by researching dozens of carriers to find you the lowest possible price, without being paid shill to any one insurance company or product.
PRODUCTS & SERVICES
This is where the gaps in products and services begin to show up with Primerica.
Primerica’s Main Product:
- Term life insurance only (10-35 years)
- Limited Riders
- Renewal rates increase dramatically after the first term
That leaves out whole life insurance, burial insurance, guaranteed Issue plans, and hybrid Policies. If you want coverage that lasts your entire life without price increases, Primerica does not offer it!
The Final Expense Guy Advantages
- First Day coverage options with no waiting period.
- Whole life plans that never expire and never increase in price.
- Guaranteed flexible plans for seniors or those with health conditions.
PRICING
Another significant complaint about Primerica is its higher pricing.
Many customers complain that Primerica’s rates consistently appear to be higher than those of other insurance companies offering comparable coverage. And because Primerica agents can only sell Primerica, you will never see what’s available elsewhere.
Better: With the Final Expense Guy, you won’t overpay as I shop for policies from multiple A-rated companies and show you side-by-side quotes. In many cases, I save families 20-40% on their term life compared to Primerica.
Better: And when rates with us are locked in for life, you never get a renewed term life policy with surprise hikes!
Better: With me, you will not overpay as I shop for policies from A-rated companies and show you side-by-side quotes.
INVESTMENT & ADVISORY SERVICES
This is where Primerica gets costly for the Average Family.
Primerica also sells investments and advisory plans, and you guessed it, their fees are often high.
A small account can pay more than 2 % (a year) in program costs, plus additional administrative charges.
That’s thousands of dollars removed unnecessarily from your retirement.
Better: The Final Expense Guy isn’t here to be your stockbroker. My focus is on your life insurance and ensuring you and your family are financially secure, no matter what happens. By focusing on your needs, we avoid extra fees, upsells, or distractions.
REPUTATION & RATINGS
Primerica looks good on paper, but there are other things to consider when selecting a life insurance policy and agent.
Primerica holds an A+ rating from AM Best and an A+ rating from the BBB. However, the strength of the company does not necessarily mean strength for the customer.
What we commonly hear from families are stories of:
- Aggressive tactics by agents
- Confusing contracts
- Much higher premiums
- Poor follow-up by inexperienced agents
Better: When you talk to the Final Expense Guy, you talk to me, and not a call center, or a part-time recruit, or an agent who is simply reading from a script.
Better: A policy review discussion with the Final Expense Guy is a no-pressure conversation. If your current plan is good, I’ll say so. If you’re overpaying, I’ll fix it.
PRIMERICA STRENGTHS
Now here’s why some strengths of Primerica may not mean much to you:
Primerica targets middle-income families: Many people feel that selling overpriced insurance to working-class families is not ideal.
Better: With the Final Expense Guy, you get better pricing for your limited finances.
Primerica offers simple term life: Primerica’s term life is easy to explain, but limited and expensive.
Better: With me, you get simple explanations + more choices, including whole life with final expense.
Primerica one-stop shop: Primerica has insurance products, loans, and legal services. Some say this ends up costing you more.
Better: I focus on what’s important for you… An affordable life insurance plan that pays when it’s needed the most by your family.
PRIMERICA WEAKNESSES
When a company sells only one insurance product, it”s not going to be the best for everyone.
- Problem: Primerica sells term life only and does not sell whole life.
- Better: The Final Expense Guy can offer you term, whole life, burial, final expense, and simplified issue life insurance without an exam.
Primerica Higher Prices
- Problem: Primerica’s rates are higher than those of other companies.
- Better: The Final Expense Guy has unrestricted access to independent representation to get you the lowest available rates.
Primerica Agent Quality
- Problem: Primerica is based on a multi-level marketing model (MLM), and many agents are part-time or new with no experience, and will likely not remain in the industry longer than a year after signing on.
- Better: The Final Expense Guy is a full-time agent, licensed professional with over a decade in the industry.
Primerica Hard To Get Pricing
- Problem: Primerica will not post rates on its website. Only what the rep tells you is what you get offered.
- Better: The Final Expense Guy does an open, honest policy review and shows you the best options up front, with no surprises.
Primerica Pushy Culture
- Problem: Many Primerica reps get paid more for recruiting than for selling policies to cover their clients.
- Better: The Final Expense Guy will not pressure you, and you are going to get straight talk, clear answers, and respect.
LEGAL & CONSUMER CONCERNS
Primerica recently settled in Florida for $15.4 million after an investigation of selling retirement products to teachers and public workers, and some say they mis-sold quite a few!
While Primerica is stronger today, these claims can occur in a high-recruitment culture.
Better: With the Final Expense Guy, you don’t deal with lawsuits, upselling, or recruitment pitches.
I sell low-cost term life insurance and am focused on protecting families today, not defending a lawsuit.
Better: If you review your policy with the Final Expense Guy, you can be sure you won’t get trapped in a contract that works better for the company or agent than for you!
WHY PRIMERICA POLICY REVIEWS ARE IMPORTANT
So many families reach out to the Final Expense Guy for free policy reviews, and here’s why:
Find hidden cost:
- I can show you if you’re overpaying (and if your policy is only 3-5 years old, you are likely overpaying and can save money).
Cover gaps in coverage:
- Many Primerica clients are shocked to find out their coverage expires far sooner than they expected, just to get a premium that fits their budget.
Better options:
- Whatever you want, whole life, final expense, term, I can show you all your options.
Peace of mind:
- You’ll know your family is protected and there’s no guesswork with the Final Expense Guy.
PRIMERICA REVIEW FINAL VERDICT
The bottom line is that Primerica is a life insurance company, but its products are limited and frequently more expensive. The MLM state of sales leaves many families in need of better solutions.
If you’re interested in paying more and getting less, then keeping Primerica may be the best path for you.
Better: If you’re interested in lower prices, better options, and competent help, the choice is simple. Call Randy, the Final Expense Guy, at 888-862-9456.
Better: The Final Expense Guy can do a free policy review and likely save you thousands over the life of your policy, and provides coverage when you need it the most!
FAQ: Primerica Life Insurance Company
How does Primerica life insurance work? Primerica sells term life insurance. This means they don’t offer permanent life, just temporary life insurance coverage for a set number of years.
How long is Primerica term life insurance for? Term durations typically range between 10 and 35 years based on the policy.
How does Primerica life insurance company compare? Primerica only sells term insurance at a higher rate than many of its competitors.
Is Primerica the best life insurance company? No. Primerica is not the best life insurance company, because other companies offer more choices and often more reasonable prices.
Is Primerica a life insurance company? Yes, it is a life insurance company. However, Primerica primarily operates as a marketing and distribution company for term life policies.
Is Primerica a good life insurance company? It is expensive for term coverage, but it is limited when it comes to whole life insurance, as it does not offer whole life policies.
Is Primerica a legit life insurance company? Yes, it is legit because it is licensed to do business in the US and Canada.
Is Primerica a term life insurance company? Yes, Primerica is only a term life insurance company.
Primerica Life Insurance Company phone number? You can find phone numbers for Primerica on their official website, which varies by region.
Primerica life insurance company login? You can go to Primerica.com, and their customers can log in.
Primerica Life Insurance Company reviews? Reviews of Primerica are mixed. Many praise the term coverage; however, some people complain about the costs.
Is Primerica Life insurance company in duluth ga? Primerica is headquartered in Duluth, GA.
Primerica Life Insurance Company fax number? You would have to get this from customer service..
Primerica life insurance company number? Customer service numbers for Primerica are listed on their official site.
Primerica life insurance near me? Agents operate on a local level in communities across the US and Canada.
Is Primerica a life insurance company in Canada, Mississauga? Their Canadian office is located in Mississauga, Ontario.
What is Primerica life insurance company headquarters address? Headquarters address: Duluth, GA, USA.
