Archive for the ‘Primerica’ Category
Primerica’s Custom Advantage and TermNow policies offer a benefit that is uncommon among most life insurance coverage. It’s called the Freedom Accumulation Benefit (Freedom Advantage Benefit in Canada) and it allows policyholders to save an amount up to $5,000 (in most states) with Primerica that can be used to automatically pay premium should a policyholder ever miss a premium payment. The balance also accrues a variable interest rate.
FAB is an easy way to save money and ensure that your coverage stays current. It’s a fact — not all insurance coverage is created equal. Primerica’s life companies strive to bring you quality coverage at super affordable prices … with extras.
Tags: coverage, Freedom Accumulation Benefit, Freedom Advantage Benefit, Lapse Protection Benefit, life insurance, National Benefit Life, Primerica, primerica life insurance, primerica life insurance company, Primerica Life Insurance Company of Canada, Primerica term life insurance, term life insurance
Posted in Primerica |
It seemed only natural to Kelly Ridley IV, of Smyrna, GA, to find a career as a Primerica entrepreneur. After all, he grew up with Primerica million-dollar earners Kip and Carole Ridley as parents!* “All I ever wanted to do was to be in business with my family,” says Kelly. “I knew I was going to join Primerica at a young age because I grew up around such positive and influential people who each have incredible Primerica businesses.”
He continues, “When I was in the third grade, I remember my dad came to my school to teach my class about the Rule of 72. I used to help him out by getting ‘referrals’ from my classmates who thought their parents might be interested in what Primerica does. I have so many fond memories as a kid of going to Primerica trainings and conventions and of traveling the world with them. I couldn’t see myself doing anything but Primerica!”
One of the great things about Primerica’s business structure is that it’s uniquely suited for families, couples and even friends to work together toward one goal. And the great part is, each business builder grows their own team, helps families in their community and builds their own business within the same organization. Everyone wins! “Primerica is an incredible place to build a family business,” enthuses Kelly.
He adds, “Being in business with my parents and with Paul and Kim Sherk, my brother-in-law and sister, provides so many great advantages to me. It’s an amazing feeling to be able to work together toward common goals and to build a multi-generational family legacy of helping others.”
Find out how you can create your own family business by becoming a Primerica entrepreneur!
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Tags: business, business opportunity, Carole Ridley, family, financial concepts, kelly, Kelly Ridley, Kip Ridley, Primerica, primerica opportunity, Primerica Representatives, ridley, sherk
Posted in Opportunity, Primerica, Representatives |
The Federal Trade Commission received more than a million consumer complaints last year, and identity theft topped the list for the 11th year in a row.1 The FTC reported more than 250,000 complaints about identity theft in 2010, representing 19% of the total complaints received.
Identity theft scams are becoming more prevalent online. About 45% of consumers reporting fraud said the transaction was initiated by email and 11% claimed it was through a website.2
Here are four tips to help you protect against identity theft:
Check your accounts regularly. Kiplinger’s suggests spending a few minutes online every day looking at your bank and credit card accounts.4 Make sure you can recognize every transaction. By making this a habit, you can detect suspicious activity before it’s too late.
Watch your phone! If your phone gets lost or is stolen, someone could have access to more than just your email. According to AdaptiveMobile, security attacks on smart phones were at an all-time high in 2010.3 Keeping your phone locked is a start, but it won’t prevent tech-savvy thieves from breaking in. Make sure you log out of any bank apps or sites where your financial information is stored as soon as you’re finished. Many smart phones also offer remote wipe-out services that will automatically erase any information on your phone if you claim it as lost or stolen.
Don’t be fooled by an email. Many scams start with an email. You’re probably aware of scams that claim to award money or transfer wealth from a foreign country, but identity thieves are getting smarter. It’s becoming more and more common to get an email from a legitimate company asking you to log in to their website. Clicking the link takes you to a malicious copycat site that can steal your login credentials. If you ever doubt an email, call the company or open a new browser and go directly to the website.5
Be smart on social networks. Be careful about what you post on social networking websites because this is one of the main sources of information for many identity thieves. If your name, phone number, address and date of birth can all be found on Facebook, you’re giving identity thieves a head start! Check your privacy settings on any website to ensure your personal information isn’t open to the public.
If you’re looking for more protection, ask your Primerica representative how the identity theft coverage included with Primerica Debtwatchers™ can help you safeguard your credit. See https://my.primerica.com for additional Important Disclosures.
Posted in Primerica, Tips |
- Scarred by Debt
by Natalie Daly
Times are tough, but you don’t have to let your debt mark you forever. If you’re among the 79% of undergrads who have credit cards, you’re part of a group carrying record-high credit balances. The average balance grew to $3,173 and 21% have balances of between $3,000 to $7,000. And this isn’t even including the more than $25,000 amassed in student debt!1 Is this really the way you pictured starting your life?
Proud and in Debt
According to researchers at Ohio State University, young adults feel empowered by their credit card and education debts. Seriously?! You feel empowered? “The more credit card and college loan debt 18- to 27-year-olds had, the more they felt like they were in control of their lives. Ironically, this is the generation that is expected to deal with an increasingly growing 14 trillion dollar national debt.”2
Don’t let your debt scar you. Get out now and stay out of debt. That’s the only way to really get ahead and make the most of all of your hard-earned cash. Here are some tips to help you avoid digging yourself into debt:
- Add it up. It might make you a little queasy, but you’re better off knowing where you stand. Get all of your bills together and do the math.
- Less cards = more control. Did you know that half of college undergrads had 4 or more credit cards?3 It’s time to get rid of that card you opened for a free T-shirt on the first day of class and keep it manageable. Have you heard of debt stacking? It’s a great way to gear down your debt. Take a look:
- Check your credit. Did you know you can get your credit report for free once a year? Visit AnnualCreditReport.com (877-322-8228). You might have a “don’t ask, don’t tell” policy on your debt balance but your credit score is the number one thing banks, creditors — and future employers — look at, so you’d better know what’s up.
- Develop a budget. Ugh. The B-word. Budgets are boring, right? Maybe, but for some, this can be a major wake-up call. If you seem to run short at the end of the month and can’t figure out where the money goes, this is a great way to discover less than stellar trends in your spending habits.
- Learn from your mistakes. “Nearly one in five 18- to 24-year-olds is in ‘debt hardship,’”4 so even if you’re in over your head right now, you can make a couple of strategic changes and get back in the black. As soon as you learn from your mistakes, you can start taking a step in the right direction … and that’s money in that bank!
* The examples are for illustrative purposes only. The Debt Stacking concept assumes that: (1) you make consistent payments on all of your debts, (2) when you pay off the first debt in your plan, you add the payment you were making toward that debt to your existing payment on the next debt in your plan (therefore you make the same total monthly payment each month toward your debts) (3) you continue this process until you have eliminated all of the debts in your plan. In the example above, when the retail card is paid off, the $220 is applied to credit card 2, accelerating its payment to $573. After credit card 2 is paid off, the $573 is applied to the car loan for a total payment of $1,124. The process is then continued until all debts are paid off. Note that the total payment per month remains constant.
Tags: budget, credit, credit cards, debt, debt stacking, education, money, spending, student, undergrads
Posted in Primerica, Tips |
Before you travel, follow these tips to protect yourself from identity thieves.
- Let your credit card company know when you’re traveling (especially if leaving the country). Fraud departments have become more vigilant about monitoring unusual activity.
- If you get a call or email about suspicious activity on your card, don’t give out personal information or call the number on the message (an oft-used trick by identity thieves). Instead, call the customer service number on the back of your card.
- Suspend your mail delivery until you return. Your mail can be a treasure chest of information for identity thieves.
- Remove credit cards you won’t be using and other personal information from your wallet, and copy any important documents (driver’s licenses, passport, health insurance card, etc.) so you’ll have them in case your wallet is stolen.
-Kiplinger’s, June 2011
Tags: credit, fraud, identity theft, passport, Primerica, Tips, travel, trip
Posted in Primerica, Tips |
