Contractual hours provided by your plan may increase each year as you continue to renew your policy. As with any contract, we strongly recommend that you read your policy carefully and be aware of its benefits, limits, and any exclusions that may apply. It is also recommended that you request a specimen policy to review in advance of your purchase. Know your benefits and your costs up front in any type of insurance or service you may purchase.
The more people you have paying membership beyond their first twelve months, the higher your Persistency Level will be. Note however that the commissions figures are different.
Conclusion The biggest challenge I see with the PrePaid Legal business opportunity is the unpredictable nature of legal matters, and uncertainty of covering costs that you might be hit with in the process of engaging said matters.
PrePaid Legal comes across as being sold as something you might need should legal action come your way, or you find yourself in a position to launch it yourself. The problem then is that looking at the legal services PrePaid Legal offers, it seems most of them are procedural capped by the hour, or a certain amount of forms, telephone calls etc.
Surely someone fed up with paying ongoing legal bills would they themselves search for a cheaper alternative? Unlike health insurance however, where you know your health is going to fail sooner or later, legal services are definitely a gamble for most people.
Get over that marketing minefield however and you might just be able to build yourself a profitable home based business. Not a nice situation to be in, but a very real danger with the way the PrePaid Legal compensation plan retail commissions are set up.Preferred Legal Plan’s Small Business Owner Plan provides you with comprehensive, affordable legal protection for your business.
Prepaid plans are a type of legal insurance plan offered by a number of different companies and marketed through employers, labor unions, credit unions, department stores, credit card companies, and even door to door.
Smart, simple legal coverage starts here. Protect your family, your business, and your personal identity with simple, comprehensive coverage from LegalShield and IDShield. ALREADY HAVE A PLAN? UPGRADE YOUR COVERAGE! Kenneth Joseph Sigler.
GET A SMALL BUSINESS PLAN. For $26 or less each month, families and small business owners have direct phone access to a local law firm to obtain advice and counsel. Legal assistance is provided for virtually every thing you can imagine including document review when buying a house or a car, setting up a will, handling problems with insurance company claims, dealing with.
First off, what is a prepaid legal plan? Some companies offer a legal insurance plan similar to medical insurance. The employee pays into the plan and if they ever need a lawyer for a prenup, real estate closing, wills and trust, bankruptcy, etc., they can call up their legal service provider and ask for a referral to an attorney that is in the network.