Multisure Review – Legit Company or Big Scam? Find Out Here…
Welcome to my Multisure Review!
I have been approached by someone about this business opportunity recently, so I decided to find out what it was all about…
Plus I wanted to help readers like yourself find out if this MLM opportunity is right for you or not…
There are a ton of scams out there, and I don’t want you to fall for one.
In this post, I am going to take you through the company history, the products it retails, and compensation plan you be a part of to make some money.
Remember to pay close attention to the company details presented.
I want you to know EXACTLY what this company is all about, so keep reading!
Wait before you do…
Want to know exactly how I made a 7 figure business online in the last 12 months step by step?
I am going to show you PROOF.
Let’s jump in shall we?
Multisure Review – The Company
The company states that it is a ‘dynamic 100% South African “born and bred” company started in the year 2000.’
The Managing Director of the company is Denton Goodford, and he is recognized as the “face, head and heart” of the company.
In the corporate biography from the company for Goodford, it states he is an
ex State Prosecutor and practising Advocate of the High Court of SA.
Denton started MultiSure in 2000, seeing the need in South African for legal cover with a difference.
His vision is to empower others and so he decided to create Multisure as a network marketing business to allow many people to benefit from the business and work towards their own financial freedom.
Another tidbit of information I found was that Goodford does not seem to have a background in the MLM industry before founding this company.
Multisure Reviews – The Products
The company advertises 2 products for insurance: legal and funeral coverage.
We have combined two affordable and in-demand financial Products with a Business Opportunity which anyone irrespective of background, education and experience can make use of.
- Legal Assist – “We will provide you with legal advice and assistance when you need it most”, starts at R68 ZAR a month ($5 USD) and increases by 10% annually
- Funeral Assist – “Provides you and your family with protection against high funeral expenses in the case of your own death or that of a family member”, starts at R30 ZAR a month for R3000 ZAR singles cover and goes up to R295 ZAR a month for R20,000 ZAR family cover
The details of the full policy can be found online on the company website.
There doesn’t seem to be a third party involved in regards to the products offered.
Multisure is a South African Authorised Financial Services Provider (FSP no: 21043).
Another company with legit products I reviewed a few day ago was called:
Multisure Compensation Plan
Affiliates who want to participate in the company compensation plan are required to sign up for a membership and then sign up for a minimum of one insurance plan.
The company affiliates are paid to sponsor new affiliates, with the commissions paid through a unilevel compensation model.
The unilevel compensation model used by the company puts an affiliate at the top of a unilevel team, where any personally sponsored affiliate is put directly beneath the affiliate onto level 1.
When a level 1 affiliate sponsors new affiliates, they are now put onto level 2 of the original affiliate’s unilevel team.
When a level 2 affiliate sponsors new affiliates, they are put onto level 3, and this continues on and on, down a hypothetical never ending amount of levels.
However, the company caps payable unilevels at level 4 for commissions earned by affiliates.
Company affiliates are paid sponsorship commissions down to level 3 of sponsorship in their unilevel team:
- Level 1 (Personally sponsored affiliates) – R50 ZAR ($3.65 USD)
- Levels 2 and 3 – R20 ZAR ($1.45 USD)
Insurance Premium Commissions
There is an 18% commission paid by the company on insurance premiums down to level 4 of the unilevel team.
The documentation for the company compensation plan claims that this percentage rate can increase, but there is no information to add to this statement found.
Cost To Join Multisure
The cost to join Multisure as an affiliate is R110 ZAR, which is about $8 USD.
And if you would like to participate in the company’s business opportunity and compensation plan, affiliates must commit to buying a minimum of one insurance plan at a cost of R30 to R295 ZAR a month.
There is also a fee of R120 ZAR that’s charged per insurance plan ($8.77 USD).
Verdict on Multisure
Overall, Multisure isn’t a scam or anything…
it has legit products/services and the owners are actually transparent on who they are which is always a great sign.
I am glad there are some legit ones popping up because the last several companies I reviewed ended up being a scam…
Best thing to do is compare their prices to the general marketplace and see how well they fair…
Other than that, I hope you enjoyed my Multisure review and if you have any questions please leave them in the comments below.
Earlier I told you how I made 7 figures in the last 12 months ALL online and I know you are interested 🙂
What I need you to do is pay attention and keep reading…
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