Prime Meridian Enterprises Review – Huge Scam Or Legit System?

Prime Meridian Enterprises ReviewIf you’ve been paying attention lately, you’ll notice that Prime Meridian Enterprises has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with Prime Meridian Enterprises as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my Prime Meridian Enterprises Review.
Is Prime Meridian Enterprises a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of Prime Meridian Enterprises.

Read below to find out more.

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What Is Prime Meridian Enterprises?

Taking a look at Prime Meridian Enterprises’ website, there’s unfortunately not much background information to go off of.

There’s no mention of who owns the company, where it’s being run out of, when it was founded, etc. The domain name for the site was first registered on September 8 of 2007, the owner is listed as “WA Networks”, and an address is Gauteng, South Africa is listed as well.

Something else that’s worth noting is that Prime Meridian Enterprises claims that it is an “authorized Financial Services Provider.”

I conducted a quick search of the FSP registration number that Prime Meridian Enterprises provides, and this turned up an address in Bryanston with two people listed as “key individuals” — Dane Matthews and Daryl Mulder.

Unfortunately, despite my searching, I wasn’t able to find any additional info on either of these two people.

Prime Meridian Enterprises Scam

What Products Are Being Sold?

In regards to PME’s product line, you’re looking at a set of car and life insurance packages that you can purchase.

Some of these include the following:

  • Prime MotorThrift — protection against disasters and natural fires, hijacking or theft, third-party liabilities, and accident write-offs. Coverage for up to R500,000 ZAR and fee of R150 ZAR/month.
  • Prime MotorAssists — roadside assistance, coverage against minor dents and scratches, warranty for electrical and mechanical components. Fee of R49 ZAR/month
  • Prime Moto Covergrow — all of the features included with Prime MotorThrift, in addition to “contributed in part or full to repairs.” Fee of R149 ZAR/month

I noticed that there’s some overlap between the available plans, but if you want a full breakdown on what each one offers and how they compared, that information can be found on Prime Meridian Enterprises’ website.

Info On The Prime Meridian Enterprises Comp Plan

As you might expect, affiliates for Prime Meridian Enterprises are compensated for selling the company’s insurance plans to individuals.

The amount of money that’s paid depends on how much customers pay in their premiums.

There are far too many categories to talk about all of them, but here are a few examples.

  • Customer premiums that range from R100 to R199 ZAR each month translate to a commission of R12.50 ZAR
  • Customer premiums that range from R400 to R449 ZAR each month translate to a commission of R42.50 ZAR
  • Customer premiums that range from R800 to R899 each month translate to a commission of R58 ZAR
  • Customer premiums that range from R2000 to R2999 ZAR each month translate to a commission of R250 ZAR

Additionally, affiliates can earn direct and residual commission for extra income on top of the regular retail rates.

What Will It Cost Me To Join Prime Meridian Enterprises?

If you’re at all interested in joining Prime Meridian Enterprises, you can join for absolutely free.

Any Truth To The Prime Meridian Enterprises Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is Prime Meridian Enterprises a scam?

From reading above, you might already be thinking Prime Meridian Enterprises is a scam.

So, is it?

Is there a Prime Meridian Enterprises scam, or is it legit?

To be honest, Prime Meridian Enterprises isn’t a complete scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My Prime Meridian Enterprises Conclusion

Looking again through Prime Meridian Enterprises’ product line, it’s clear that the insurance plans are targeted at people with low incomes.

Furthermore, PME has the following message displayed right on its website — saying that the motor insurance programs are “design for people who cannot afford OR who are struggling to afford or maintain comprehensive insurance.”

Along with this, the life insurance plans are marketed by PME as “cheap life insurance available now.”

Affordable insurance packages aren’t necessarily bad, but like with any product, you’ll want to compare the prices of what PME is offering to see how they stack up against the rest of the competition.

Where PME really struggles is with its transparency. The company’s website doesn’t offer any real indication as to who’s running the business or where it’s located, and this results in it feeling like a faceless entity that some people might be uncomfortable doing business with — especially when it comes to insurance.

Like with many MLM opportunities, there is the chance for a pyramid scheme to take place within PME. Then again, if there’s a healthy amount of retail sales, you shouldn’t have to worry about this too much.

If you’re truly interested, get in touch with your potential upline and see what the activity looks like. If there’s a strong focus on retail sales above all else, this might be worth a shot. However, if affiliate recruitment takes the priority above all else, you’ll want to look elsewhere.

I hope you have gained value from my Prime Meridian Enterprises Review.

I have put all the details you need to know here, because all other reviews of Prime Meridian Enterprises have been fairly limited with details.

If you do decide to proceed with Prime Meridian Enterprises or any business, you’ll find my free training helpful – I will show you how to make money online.

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