Gurpreet Singh

Valley Stream, NY
Former Programmer

Before Primerica, Gurpreet Singh had a "good job" as a programmer, but she was drowning in credit card debt with no real prospect of ever paying it off.

"I was $40,000 in debt, working for a local credit union and barely making ends meet each month. I thought the answer was a second job, but when I saw Primerica I realized I had been approaching my finances the wrong way. All of a sudden, there was hope! Not just to pay off my debts, but to create a better future for my family."

Primerica offers a business opportunity that involves the sale of term life insurance and various other financial service products. Primerica representatives are independent contractors, not employees. Their earnings are based on the sale of products offered by Primerica and also qualifying product referrals. Importantly, Primerica representatives must be appropriately licensed for each product line before they are qualified to make a sale.

From January 1 through December 31, 2024, Primerica paid our life-licensed sales force members an average of $7,757, reflected in local currency, unadjusted for exchange rates. Representatives typically pay an initial fee of $99 USD ($103.95 CAD in Canada, inclusive of taxes) to provide for training and licensing and also may incur ongoing personal expenses to conduct business. Our representatives earn varying levels of income and the cash flow shown reflects an extraordinary level of success that is not typical of the sales force.