iNovaLife Review – Good Opportunity Or Big Scam?

iNovaLife ReviewHave you been hearing a lot about iNovaLife lately?

There is a lot of hype happening for iNovaLife, and people are pitching the opportunity all over the place – especially on social media.

The first thing I should tell you is that I am not associated with iNovaLife in any way.

I have gathered all the pertinent facts about this opportunity in my iNovaLife Review so that you can know the full truth before signing up.

Is iNovaLife a scam? Or is it really legit?

Will I be able to make real money with it?

I tell you all in my Review of iNovaLife.

Let’s get going!

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What Is iNovaLife Exactly?

In the case of iNovaLife, we’re looking at a company that was first founded and launched sometime back in 2014. The company is based somewhere out of Quebec in Canada, and a man by the name of Martin Giroux is listed to be iNovaLife’s Director of Finance and Founder.

The iNovaLife website does provide a corporate bio for Giroux, but instead of offering any real background information on himself, it’s used mostly just for more marketing for iNovaLife as a company.

This is a trend that we commonly see with many other MLM opportunities out there, and it isn’t really a good one either.

You see, a company should offer background info on the folk(s) that are behind the whole thing. With any MLM opportunity out there, you’re going to have to invest some amount of cash in order to get things rolling, and as a result of that, you deserve to know exactly where your money is going to.

By placing more marketing for the company in Giroux’s bio, iNovaLife is trying to focus less on Giroux himself, and put as much attention on just how great and life-changing the company is for families out there that are financially struggling.

Oh yeah, to make matters even better, the current iteration of iNovaLife that we’re reviewing today came about as the result of a bankruptcy filing that also occurred in 2014.

With this information now in mind, it’s time to take a more in-depth look at iNovaLife as a whole to see just what it is that they have to bring to the table.

iNovaLife Scam

What Will I Be Selling With iNovaLife?

In continuing with the trend of less than stellar information, we’re looking at a setup with iNovaLife in which the company doesn’t have any sort of product line at all. As with the company marketing in the corporate bio for iNovaLife’s founder, this is another trend that we’ve been seeing a lot lately with other MLM opportunities that have been popping up.

Unfortunately, this is even worse of a trend than what we looked at above.

When a company doesn’t have a product line, there’s no chance for retail sales to take place. When retail sales don’t occur, there’s no opportunity for steady revenue to come in through these retail sales.

As a result, the only money that’s coming into the company is from investments of iNovaLife’s affiliates.

When an affiliate does sign up for the program that iNovaLife is running, they can access to a platform in which users can compare the prices of different types of insurance – including home and auto insurance, and industries of credit card, micro-loans, renovations, and more.

This comparison platform gathers prices from different third parties, and although the platform is free to use upfront, free users will only be able to earn commissions on the single-level basis that iNovaLife offers.

What Should I Know About The Compensation Plan For iNovaLife?

When it comes down to making money as an affiliate for iNovaLife, affiliates set out to earn a commission through generating different leads via the price-comparison platform that we just talked about.

In addition to this, affiliates can also earn money by recruiting other members to join the company and through other bonuses that are offered.

Commission Qualifications

Whenever something is purchased through the platform that iNovaLife has created, a certain amount of points is generated. For example, purchasing something in the renovation category will earn you 25 Nova Points, whereas a purchase in the insurance field will earn you 5 Nova Points.

In order for an affiliate to qualify for the commission opportunity that iNovaLife offers, a total of 50 Nova Points need to be generated every single year.

iNovaLife Affiliate Ranks

Similar to other MLM opportunities, iNovaLife offers various ranks for their affiliates to progress through. There are 8 different ranks in this case, with the first one requiring affiliates to pay a fee of $649 in order to stay qualified to earn commissions.

In order to progress through the higher ranks, affiliates need to recruit other people to join the company, with higher ranks being dependent on number and level of other affiliates in your downline.

Lead Generation Commissions

Whenever an affiliate or free users requests for a quote through iNovaLife’s platform, a certain amount of a commission is created.

That commission gets paid out through the use of a rather common unilevel payment system, with iNovaLife placing a payment cap on just the first 5 levels of a team in the unilevel system.

iNovaLife Compensation Plan

Here, different sorts of quotes result in different amounts of commissions that are earned, with lower levels also equaling out to higher commissions.

For example, a quote for a micro-loan will earn a level 1 affiliate a commission of $25, whereas a level 4 affiliate will earn just $5.

Recruitment Commissions

Along with Lead Generation commissions, affiliates can also earn cash by recruiting other people to join iNovaLife’s affiliate program.

With recruitment commissions, the more affiliates you recruit, the more your monthly commission will be valued at. Additionally, a higher rank within the company will boost that number up as well.

Royal-ranked affiliates earn $3500 each month if they have 20 recruited affiliates, whereas a Platinum affiliate will earn $5000 each month for having the same number of recruited affiliates.

Leadership Bonus/Rank Advancement Bonus/Car Bonus

On top of everything we’ve already gone over, iNovaLife also allows their affiliates to earn even more cash through the different bonus programs that they have set in place.

These bonuses are quite similar to what we’ve seen in other MLM opportunities of this same nature, as they’re really nothing more than additional incentive to obtain higher ranks within the company.

Which, as we’ve seen through the compensation plan, are only obtainable as you recruit more and more people to join the affiliate program.

What’s The Membership Fee For iNovaLife?

If you’d like to join iNovaLife, you can use the platform as a free member. However, if you opt for this route, you’ll only be able to earn single-level commissions.

If you want full access to the entire compensation plan that we reviewed, you’ll need to pay a membership fee of $649.

Is iNovaLife Really A Scam?

If you’re like me, you’ve been researching iNovaLife and you may have heard that it is a total scam.

From what you have read above, you may not be able to tell if it is legit or not.

So, is it really a scam?

Is iNovaLife a scam, or can you trust the company?

I would say iNovaLife isn’t a complete scam, but there are definitely some things you should be cautious of – check out the conclusion to find out what those are.

Being prepared will help you be successful. Also, see below to get my tips for making money.

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My Conclusion For iNovaLife

So, with all of this out on the table, what are we looking at with iNovaLife.

In regards to the company’s lead-generation commissions, there’s actually nothing inherently wrong with it at all. Both paying and free members can earn commissions through this side of the company, and it’s a pretty solid structure.

However, problems start to pop up rather immediately when we take a look at the recruitment side of iNovaLife.

You see, with the way that things are structured right now, affiliates could potentially earn thousands upon thousands of dollars every single month by just shelling out $649 upfront and then recruit other people to do the same thing as well.

However, since the company does not have any sort of real product line or anything to sell to retail customers, we’re looking at a setup that falls into the category of a pyramid scheme.

And, as with all other pyramid schemes, iNovaLife will quickly cease to exist the second that recruitment dies down.

When recruitment dies down, so will the funds that are keeping the company alive.

Earning thousands of dollars every month after investing just $649 might sound like an enticing offer, but with no real product line or sales taking place to generate these funds, the claims of the commissions that iNovaLife is touting is nothing more than fairy dust.

If it sounds too good to be true, it probably is.

I sure hope you have found all the information in this iNovaLife Review helpful.

Some reviews may be biased or trying to sell you something else, so I wanted you to have all the details from someone not affiliate with iNovaLife.

If you decided to move forward with iNovaLife, you’ll still need help marketing yourself.

My FREE training will help you with that.

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