Affinity Life is an online life insurance platform dedicated to busy Canadians. We believe you shouldn’t have to run through a sales gauntlet to obtain life insurance to protect your family. We’re setting out to finally revolutionize and innovate on an industry that hasn’t significantly changed in the last 100 years. We hope you can join us on our journey. Founded in 2020 and headquartered in Calgary, AB, Affinity Life is 100% founder-owned.
Disclaimer: This is a general source of information only. It is not intended to provide personalized tax, legal, or investment advice. Please speak to your personal experts (lawyer, accountant, financial planner, investment advisor, or insurance advisor) regarding specific strategies and recommendations.
Please please seriously please anyone share with me exactly to a T for under $800. how to get unlimited mentorship and accesses to a muliti million dollars industry and tell me exactly what i need to do to get it. Please anyone in the chats just start sharing. Can anyone share with me their opportunity and show me exactly what i need to do to have what you have plus so much more. Can you? Do you have a written proven systems where i can make millions and have generational wealth and be able to provide that to my family and anyone I know have it to. Please share it!!! Id love to know. Because me and thousands of others want to know. Anyone willing to share their million dollar ideas? For under 800$ one that isnt a MLM or wants you to recruit. Cough cough McDonald's, The Army, Collages, sports teams hmmm they all recruit. Interesting. And who makes the majority of the money?? Not the employees, not the players, or the student. And can you have what they have? Imagine going uo to the owner- "Can i have what you have for $1000" 😂.. maybe but they aren't selling it to you or just giving it to you for nothing.
This isn't an unbiased opinion... you literally work for another company outside WFG. This is the definition of bias. You clearly prefer your company. Hence bias opinion You're ridiculous. You just want people to buy YOUR PRODUCTS. 😂
So a friend who works with WFG, suggested and tried to sell me Whole life plan insurance for my child? Is this like the Universal Life Insurance that is mentioned in this video?
Being in an MLM is like running a business where you’re the boss, but your employees aren’t paid-unless they manage to hire their own unpaid team to do the work.
Working with WFG can feel like putting in a thousand hours of recruiting, only to realize your earnings per hour amount to zero-unless you can convince others to do the same grind.
Thankyou , I trully apreciate the information. Quick question, if you switch from a sole prop. to a corporation, will I lose all my business credit and credit history for cards and tradelines from the sole prop.?
Who the hell would would leave money in a bank when whole life in a trust is king. Borrow your own money. Instead of getting bank loans paying a higher interest
This is clearly exceptional, but there's a guy in our company who makes $1,000,000 a year who doesn't recruit at all. You actually make more money from personal production than overrides from recruits. Overrides are just icing on the cake, brother. I started last fall, acquired my licenses (including securities licenses, which they pay for) and I can pay my monthly expenses by helping 6 clients on a part time promotion level. Teams are different. Some teams focus on recruiting to the neglect of training and selling and this is in my mind a mistake which is kind of what you're discussing because people leave due to never making money (which means the ones who recruited them aren't making money either). You have to learn how to sell, learn the business and then teach others how to succeed. BTW you don't make money from mere recruiting.
So many people with a similar story when it comes to this company and other MLM pyramids, if this guy in your company reached a point where he’s making $1m a year from primerica why does he still work there? Shouldn’t his assets/investments be enough for him to retire? Remember this, no legitimate millionaire is out there working for an MLM company that isn’t their own.
This is completely false. The only ART that is commonly sold is universal life which I also don't agree with for most individuals. I've never sold an ART term policy in my life, nor have I ever come across one.
I am a canadian citizen. I am from India and have OCI. I have a property in Mumbai(India) ,Dubai (UAE), Buffalo (USA) and a house in Toronto. So how should I do Estate Planning? Please advise me.
How would you debate me since the FSRA released their findings from their investigation into WFG? Everything I said in this video has been proven by the regulatory investigation WFG had.
Do I need a lawyer to help me incorporate? Can’t I just do it on the Government websites (federal or provincial) like I did with registering as a sole proprietor?
Canadian government is greedy why should we have to pay tax on what I already paid tax on with my taxed pay cheques.everything I worked for to leave my family but the CRA dives in to grab what they can
Omg man, that last point u made about staying sole propiortship is the reason why I'm here. I make only 15 to 20k profit a year while our family income is 120k from 9 to 5 job. We went inc and it's super.hard to do the taxes by ourself. I think I'll go back to sole propiortshiop and we just do online sales so it's impossible I think to get sued from that.
The second they wanted me to recruit my friends and family before giving me any proper training was when I got skeptical and had my doubts. They didn’t even interview me. Like don’t employers want to know who tf they’re hiring by interviewing them first lmao. I just went to this presentation where their regional vice presidents gave some bs speeches and life stories. I eventually made some bs excuse and told them I can’t go through. They obviously didn’t really care cuz they’ll just get more recruits. Also idk if anyone else experienced this or has the same thought, but to me, the employees there felt like a cult. When they brought in the recruits for a second day to give more info, the employees were clapping and shouting stuff like as if they rehearsed everything. And when they decided to do a role play sales or recruitment demonstration, they used their own employees instead of a new recruit even after specifically saying if anyone wanted to volunteer. And those interactions also felt rehearsed which they probably were. I talked to another recruit there and he told me how he’s so excited and pumped to work for them. I told him my views on how I’m skeptical and think they’re a pyramid scheme. He then got quiet and started thinking lol.
You just saved me. They recruited me from getting my damn resume on Resumebuilder. And I got red flags after I learned it was multilevel and they started telling me to sell to my family and convert my wifes policy. I was like... uhhh fuck you let me research.
People fail to see that the business partners brought on also become clients. They don’t charge their clients a dime. They make commissions from the providers but their strategies are free. At least where I’m at. As independent non-captive producers as well as different countries having different laws, I’m sure things can get wonky with information.
If you do not like their business model it is your own opinion and not a fact. If I am earning thousands of dollars then it means this business model is working for me.
No, You don"t need to build a team, you can do your own business. You may not build a team and can build your own business without even a single recruit. Also the number of Insurance Policies WFG gives to the insurance companies is so phenomenal that the insurance companies have dedicated departments to address to WFG Associates. If you are onboard WFG you have access to portals of 2 dozen insurance companies and can offer whatever your client likes while if you work as a captive agent you do not have that flexibility
I just cant understand the benefits of it why not just place your money in a index fund for 10 percent return a year and you can borrow against that aswell that you get a higher return on you money ? Thank You
Hey great video! As a sole proprietor working in software engineering, one of the things that I am concerned about with incorporating is that although I could leave money behind in the business to let it be used for investments, my personal income would be recorded at a lower amount which could affect my ability to get a higher bank loan or mortgage if needed. I currently already have a mortgage, but I'm thinking about when I want to upgrade by moving a nicer home (as my income has increased significantly since my first purchase). Any thoughts on this? Thanks again for the useful information.
My guy seems so excited and anxious to disprove this infini Bank concept, he could barely breath and speak at the same time. Bro your making yourself look weak and biased for reasons that only you know. But whats clear is your ok with Banks and how they make money, got it, and the concept is Right wing Political, got it 😂😂😂
I can easily rebut a ton of what was said in this video. If you're out there reading this and you have recently joined or are thinking about joining Primerica instead of going on RU-vid and looking at videos from competitors who have a financial interest in stearing you away from the company, I would encourage to get information from reliable sources like Forbes, Google finance, and other financial publications. The fact is if you were thinking about going to Harvard would you ever seek advice from someone who's at Columbia? What do you think they're gonna say? He even admits in this video he doesn't know all the details and has never been involved. I'm in Primerica and I never built a team and I focus on product sales and and my residual is approaching six figures. So if you wanna reach out I will be happy to address all the misinformation in this video.
@@Lazaven How many licensed individuals were on your force at any point last year and how many policies-in-force were gained company wide during the year?
Great video. I went trough some of the steps about moving policies and all that you said is right and easy to understand. Note that moving policy when they are young, cash value about same as adjusted cost base did not prevent making thiings complicated but did avoid toxic tax events.
I appreciate and respect the reports you reviewed and recapped on this video- very enlightening and shocking to learn. In addition, I noticed that you hammered down your anti-part time financial services professional position and boxed us in like we are incompetent and out of our league in this industry. There are heavy hitters and major players in this industry (and ones up and coming like myself) that started part-time while growing full-time, and you disrespect them and myself as if there is not an exception to your ironclad opinion. I’m a full-time school educator and a part-time financial services educator and I take my financial role just as serious as my school educator role. I’m also competent enough to know how to reach out to my upline or the carriers directly for additional support and guidance on how to best help my clients or create an illustration given their individual financial needs and situation. You should really rethink your mindset about part-timers and do your research on the very successful part-timers in this industry, so you can broaden your perspective and not bash the professionals making great stride doing what’s suitable for clients in this industry.
Wouldn't be better to just open a brokerage account and borrow against your securities? No premiums or insane commissions. Don't need to wait years for it to mature.
I pay taxes in Canada at all three levels yet I have shity health care, shity infrastructure, an education system that fails the young and so on and so on...
They’re owned by Transamerica, Google Transamerica San Francisco and look at the picture of their building. If you cannot see the correlation between the shape of the building and the scheme they’re using, I can only wish you good luck 😖
Primerica is a terrible company. Buy term and invest the difference is a terrible strategy. 401ks get decimated by taxes when you take distributions. The agents receive no training. Horrible.
@@johnd9541 it did. Citi stock has recovered and he has more holdings outside of citi he also diversified away from citi and he’s still never has to work again which is the whole point of BTID so you’re objectively wrong
