Pre-Paid Legal has an agreement with a reputable law firm that receives a monthly payment for the legal services that they provide. This company was founded by Harland Stonecipher, and has been around for a total of 35 years. Their most common legal plan is the Expanded Family Plan. The plan offers the following legal services:
- Preventive Legal Services - IRS audit services - Preferred Member Discount on any additional legal matter - Motor Vehicle Legal Expenses - Trial Defense Services
Membership Costs
Pre-Paid Legal has a one time membership fee that would cost $149 to join and a $25 monthly membership fee to remain a member each month. So in a nut shell it would cost under $500 per year to be a member within this business. However, your monthly website and weekly meeting fees would be an additional cost.
Pre-Paid Legal Advantages
Pre-Paid Legal has many advantages; since it is a lot cheaper to buy these services offered within the program then it would be to pay for an attorney. In addition, as an Internet marketer in this business you have a couple of things going for you. Most of the time you don't need an actual lawyer, instead you just need access to the legal information in order to resolve some general legality concerns. Plus, their products are reasonable enough that it would not cost too much for your average person to buy.
In conclusion, Pre-Paid Legal offers a nice program for someone that wants to feel comfortable knowing that they have legal services readily available to them. However, I was looking to make a nice income online and this company does not have a healthy compensation plan for someone that wants to go above and beyond within the Internet marketing business.
Pre Paid Legal Opportunity
Upon doing my research for this Pre-Paid Legal overview I found that the company as we know it today Pre-Paid Legal Services started selling plans through network marketing in 1983. Pre-Paid Legal went public on the NASDAQ National Market System in early 1983 and two years later moved to the American Stock Exchange.
In today's highly litigious society, people get as much justice as they can afford. That is a fact of life that every adult has to be aware of. A survey reveals that only the top 10% of income earners can afford to have a lawyer on retainer basis. Thus, for the vast majority of the population, a simple statement like “I'm going to talk to my lawyer about this” is an expensive luxury.
Although many people find themselves in situations requiring legal advice, most do not seek the advice or help of a qualified lawyer. For some it is the cost. For others the process seems intimidating. There are also those who do not know where to begin. These are the people who might be interested in this service.
If you are considering becoming a Pre Paid Legal distributor, you might be interested in this information. Here is a quick overview of the compensation plan of Pre-Paid legal.
With Pre-Paid Legal's compensation structure, you will be paid from $50 to $182.50 on every $26 membership you sell.
At Senior Associate level, this means that if you market just 5 memberships per week, you'll receive $500 per week*!
As a new Pre-Paid distributor, you will have to pay an upfront cost for your training kit, and you will then be able to present the opportunity and product to others. From what I understand the selling techniques used by most distributors are more in line with the old school MLM marketing plans.
For example product house parties, flyers, word of mouth, writing lists of family and friends. There most likely will be weekly meetings held in your city that you would want to attend so that you can learn more about your Pre-Paid Legal product and opportunity.
Living in the modern world as we all do, chances are that you'll sooner or later experience either a minor or major infractions on your rights. Attending to these issues only as emergencies is an approach most adults wisely organize their lives to avoid.
A legal firm that has handled your brief previously is similar to a doctor that knows your medical history.
They may not always predict with accuracy what you'll come down with next time, but they are most likely to provide you courteous and professional service.
That is surely a reason why this might be a home based business for you to take a look at.
If you would like to learn how to market and attract quality leaders to your Pre-Paid Legal business visit my website and blog for more information on Lead Generation Tips.
Both Brian Turk & Sandra Essex are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Sandra Essex has sinced written about articles on various topics from Multi Level Marketing, Franchise and Marketing. Sandra Essex is a TOP Producing Internet Marketer. She enjoys helping new people learn how to build their MLM business using the internet. I'm 53 years old and if I can learn these skills anybody can! For more information on how to Market Your Business us. Sandra Essex's top article generates over 14800 views. to your Favourites.
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