Life Insurance Basics
This of life insurance policy can help a person get insured without a medical examination with face amounts between $15,000 and $300,000
What is Power Term?
I already have life insurance through work
Do you know what happens to your coverage at work when you leave?
Doesn't it make sense to have a plan outside of work that you can control?
This is the year that Primerica was founded and was also the year that President Jimmy Carter was sworn in as President.
What is 1977?
This concept helps people calculate how often their money will double based on their rate of return
What is the Rule of 72?
We have two types of these, they are either Power or Precision and can help people protect their families against loss of income
What is Life Insurance?
This is the primary purpose for purchasing life insurance
I don't believe in life insurance
What is ..."really? Who's responsible for making sure your family is ok now that you are alive? So how would that responsibility change if you died tomorrow? If it were free would you have it? So, it's not that you don't believe in life insurance, it's the money isn't it? How much could you comfortably set aside to make sure that your family is protected?
This name was the first name of the company now known as Primerica
What is AL Williams?
This concept shows how the need for life insurance decreases over time and the need for savings increases over time
What is the Theory of Decreasing Responsibility
What is Retirement?
Primerica believes in buy term and ___
what is invest the difference?
"I have to check with my spouse on their availability for an appointment"
What is... "I understand, which day are you and your spouse usually available together, Friday or Saturday? So why don't we set the appointment for Friday and if your spouse needs to change it you can get back to me."?
The founder of Primerica and also the person who coined the phrase "ALL YOU CAN DO IS ALL YOU CAN DO"
Who is Art Williams?
What is the term used when your interest earns more interest over time?
Compound interest
What are annuities?
What is whole life insurance?
I don't have the money to pay the $74
What is... "Wow, really? You don't have $74? But are you serious about improving your life and earning more? Which car do you like the most? If I had the car outside right now and it was only $74, where would you get the money?
OR... "When will you have it? Let's go ahead and start the process and we'll run it on (date)
Primerica launched its IPO and its stock became publicly-traded on the NYSE in this year.
What is 2010?
This concept teaches you to be your first and most important "bill" every month and encourages people to save through this phrase
What is pay yourself first?
You can offer these when you pass your SIE, Series 6, and Series 63.
Mutual funds or investments
This life insurance combines annual renewable term with a cash savings component and has a guaranteed rate of return for the cash value along with a current rate of return that is tied to an index like the S&P 500.
I just don't have the time right now
What is... "I understand how you feel. I felt the same way. However, I found out that by just investing a few hours a week I improved dramatically and could earn a great income. How many hours could you set aside if you knew you'd make $2000 a month around your own schedule?
OR ... "If you won $1,000,000 but the lottery said you had to do 10 hrs of community service for a year to get the money would you find the time? If you found that time with me I'd give you everything I have to help you make all your goals come true.
From 1990 to 2010, Primerica was a subsidiary of this major corporation who sported a red umbrella as its logo.
What is Citi Group?
What is the debt repayment strategy that focuses on paying off the smallest debts first while maintaining minimum payments on larger debts
This is the most important "service" that Primerica offers and can help someone change their income potential
The opportunity