Off of personal production? Taking company averages on number of sales per agent and number of agents that do business each month, probably around $1000 to $1500 per month. That is going to be different due to the new bonus structure put in place.

The average RVP makes about $110k/year. The numbers do get skewed due to the million+ earners and all, but that being said, if you’re in RVP in Primerica and you’re NOT making that, you are not even trying.

I have to admit that I have had no pressure to from our Primerica friend to sign-up as a representative. I think she is taking the same approach you have described for your business and waiting for me to follow-up with her. I guess I was sort of expecting a hard sell from her, but actually that is not her personality at all. I’m sure it depends a lot on the person you meet with and the overall expectations from the RVP or Primerica business leader. I’m still curious what the average person is making on her team. I know you state that the part-timers make under $50k, but how much lower? I guess it depends on how many sales they make, but I would be interested to know. Next time our Primerica friend comes over I’ll be sure to ask.

The ones making over $100k are not typical. That is correct. Only about 5000 people make over that mark and 66 make over a million. Ask for the FIC book and you can probably find someone in there that has done what you do. There is no one in that book that makes less than $100k.

That being said, most people are content making $50k or less part time. To each their own.

As a company, there are no quotas or pressure to sell. Sales are not allowed on the first visit, we are supposed to “let them happen” on their time. Each office is run differently though and so long as nothing illegal goes on and no reported violations of compliance happen, each office is left to run how the RVP sees it.

If they don’t answer the questions the way you like, or at all, send me a note and I’ll try to do it justice.

I would imagine that the gentleman making $100k a month is not typical of a Primerica business, but I do think he must work awfully hard for that passive income. Interesting feedback regarding the RVP within 6 months. I’m surprised the lady I met with did not mention the time it takes to reach various milestones like this, nor the amount of time commitment. I realize any business takes time to build and mature, but she might just be looking to add part-time people to her down line. I think you are correct in stating that Primerica is a business, just like any other venture and you get out what you put into it. The RVP is holding an informational meeting in a couple weeks at a restaurant and I thought I would go to ask more questions. Since I’m interested in personal finance and helping people establish long term savings goals and getting out of debt, I thought it might be a good fit. What I don’t want is to be pressured to make a sales quota or have to push products on customers.

There is more than just insurance and investments, but that is the brunt of the passive income. And even then, it will be either overrides or the yearly 12b-1s that are paid.

If you are looking for truly passive income from the start, Primerica is not for you. If you want something that will take time, hard work, and patience that will build into massive passive income, Primerica may be for you. I can not say for sure since I have never met you.

As for whats possible, one of my RVPs has a passive income of between $15k and $20k/mo. He has also been in the business for 20 years. That being said, a 29yr old just broke $100k/mo passive with only being in for 8 years. He was the first sub-30 year old to break past the $1 million a year in income in this company.

You will get out of it what you put into it.

The bonus system that was mentioned allows for any newly licensed rep to make between 10 and 20% bonus each month for production. That lasts for 6 months. After that, they can receive between 5 and 10% bonus over what their team does. The RVP receives between 10 and 20% on top of the normal bonus they would receive.

Regardless, you will have to work to get paid. Either training of personal production, but work.

Thanks for the link. If this is the corporate website for Primerica, I think I’ve been here before. I’ll take another look and take some notes. Thanks again for the info and I would love to hear more about your passive income with Primerica.

Thank you for sharing the info on Primerica revenue sharing. We met on Friday night again with the Primerica rep and she again was a little vague on the passive income potential. I’ll have to ask her about the new January policy for reps. It looks like it takes more than a part time effort to make some serious money with Primerica. I think she was not being realistic with the part-time job requirements.