Primerica Financial Services
Agent Moved Whole Life Policy Into Term Insurance and Mutual Fund

Business & Finance

I was happily fine with living with 8 credit card debts and a huge mortgage over my head. I was also happy with my whole life insurance I had for over 20 years.

One day, a Primerica rep came to my house and took a look at my finances. He said he can help me eliminate my debt problems and he also explained to me why I don't need life insurance forever. I told him I need it in case of die one of these days and my family will get the money.

Anyway, I ended up going ahead with their program. He showed me (through this financial need analysis thingy) how I can get out of debt quicker and for less money, I now own term insurance with them, and my cash value in my whole life policy is now moved into a mutual fund account (I Don't trust mutual funds. Aren't they risky investments???).

Now I'm wondering did I get screwed by this guy? Because now I worry about what should I do everyday? My family always discuss where we should go eat tomorrow, Red Lobsters or some fancy restaurant? So many difficult choices. Damn you Primerica for screwing my life. Why you mess around with my finances?


Company: Primerica Financial Services
Country: USA
Site: primerica.com
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