Is working for a a company like Primerica in conflict with a company like e-trade or ameritrade?
Yes it would be a conflict of interest since all 3 companies are involve with the securities business. "NASD rules prohibit securities registered representatives and associated persons (those who have completed their Form U4s but are not yet “licensed”) from being employed by, or accepting compensation from any person, company or organization without prompt written notice to Primerica." If you are a representative with Primerica, you can check on http://www.primericaonline.com and click on compliance tab and select "manual" and then "securities"
Can an agent be a beneficiary of a life policy?
Yes, but it would leave the agent open to legal and regulatory scrutiny. The insurer would no doubt question the policy when written and could very well raise issues when any payment is due. It is a questionable practice and should probably be avoided, particularly if the policy has any grey areas regarding underwriting standards and disclosures. Anything that smells of collusion or fraud will at the very least, delay any payments for years; at the worst, it will get the attention of the insurance commissioner and the state attorney general.
Which US president accomplished the more positive finically and social benefits, Clinton or Reagan?
I see a lot of fiscal revisionism taking place in favor of Reagan and against Clinton. This chart should set the record straight.Clinton, however, did repeal The Glass-Steagall Act in 1998. The Glass-Steagall Act was enacted by Congress in 1932 prohibiting commercial banks from engaging in investment business using other people's money. It was enacted as an emergency response to the failure of nearly 5,000 banks during the Great Depression. This was Clinton's biggest blunder under the influence of Alan Greenspan. Many attribute the repeal of GSA to be an important cause of the financial crisis of 2007-08.In 1998, the year prior to repeal of Glass Steagall, Citicorp, a commercial bank holding company, merged with the insurance company Travelers Group to form the conglomerate Citigroup, a corporation combining banking, securities and insurance services under a house of brands that included Citibank, Smith Barney, Primerica, and Travelers. This merger was a violation of Glass–Steagall and the Bank Holding Company Act of 1956, but the Federal Reserve, under Alan Greenspan, gave Citigroup a temporary waiver in September 1998.Less than a year later, The Gramm-Leach-Bliley Act was passed to legalize these types of mergers on a permanent basis. The Gramm-Leach-Bliley Act repealed Glass–Steagall’s conflict of interest prohibitions “against simultaneous service by any officer, director, or employee of a securities firm as an officer, director, or employee of any member bank”.
Should we get life insurance before my husband joins the military??
Should we get life insurance before my husband joins the military. My new york life friend told me that it's better because we can get more money if we do it before he joins. My husband says that the military pays for everything and they have there own life insurance. Which is the best route to take?? I would like to just do the new york life thing now instead of wait, he is joining in January. I'm not sure if I like the USAA life insurance. New York Life is a place I know that is reliable. But this is something people don't talk about very much. So I need some help Thanks!! :)