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PrePaid Legal Services

We can never predict when we’ll need legal help. There have been so many times when we’ve been cheated by cons and needed the advice of lawyers. However, people hesitate to hire the services of a lawyer because of the costs and documentation involved. Prepaid legal services Inc. is a venture started to help people get expert legal services as and when they are required for a low monthly fee.

History

The foundation for PrePaid legal Inc was laid in 1969 when Harland C.Stonecipher got into a vehicle accident that left him in a legal tangle with lots of bills to pay. He started a scheme to offer legal assistance for a small monthly fee. In 1983, PrePaid legal was established as an MLM company to sell its plans through associates. Now the company has offices in 50 states and in Canada. In the following years, the company went on to win several accolades and grew in size. There were also bad times when the firm ran into legal problems with affiliates and customers.

The Pre Paid Legal Service

For a fixed monthly fee of , members get access to legal services for research and documentation work, wills, lawyer consultation and assistance in traffic issues. Though major criminal cases, divorce and child custody are not covered for, members could get a good discount for consultations on such issues. The Firm also offers an identity theft monitoring and restoration service.

The PrePaid Legal Services Associate Program

Become an associate by paying the startup fee of . Commissions range between and 0. As in other network marketing businesses, there are lots of bonuses and perks along the way that’ll make you sit up and take notice of the business opportunity. Payment is made as soon as orders are submitted; so there’s no waiting period for commissions. Associates are backed by good support from the company and offered training in promoting the business.

Struggling with building a business

The way the opportunity’s projected, you’d think you could easily earn a five figure salary every month. Even if your personal network is substantial, you have to consider the fact that you can’t make everyone subscribe to the Prepaid legal membership. The challenges faced by reps in this business are:

-    Most people don’t need legal services regularly; hence they wouldn’t want to spend so much money on prepaid legal services.
-    As an associate, you are encouraged to contact people you know and call them to hotel parties to make them join the program. Your demo parties may be very motivating; but frankly, parties to most people mean something else. Not a marketing program that’s going to coax them into buying membership for plans they’re not sure about.
-    Customers cannot be won over by trying to coax them to subscribe to your product. Pestering them will not help your cause nor get you referrals.

Winning PrePaid Legal Services Strategies

The way you market your business could completely change your income potential. In the network marketing field, people are either completely frustrated or brilliantly successful. Interactive marketing of your business through the internet is sure to fetch you good results. Find out tips and tricks of virtual marketing and you’ll be surprised to see the results in your business.

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PrePaid Legal Services Review

PrePaid legal services Inc is a network marketing company that offers certain legal services for a fixed monthly fee to its subscribers. In this article, let’s see the business aspect of this MLM Company and check out the potential to earn as PrePaid legal associate.

Product

Legal insurance is as important as medical or life insurance. There may be situations when we find ourselves in urgent need of a lawyer. Legal insurance is a means to minimize your legal expenses. As a member, you get free legal help for drawing wills, research work, real estate assistance, traffic issues and small trial work. This service doesn’t include major legal matters such as divorce, child custody and criminal cases; however, you could get up to 25% discount on such cases.

The Pre Paid Legal Background Story

The founder of Prepaid Legal, Harland C Stonecipher felt the need for such a service when he had to pay a huge compensation for a motor accident. He launched this company as an MLM venture to offer members legal help for a fixed monthly rate as well access to lawyers whenever they required. Now, Prepaid legal is established in 50 states and in Canada. In addition to legal insurance, the company also offers a monitoring system to prevent identity theft. 

Is PrePaid Legal Services A Legitimate Businss?

PrePaid’s image got tarnished when it got into legal problems and dissatisfied customers and affiliates started spreading rumours of scam. This company has been around for more than thirty years and is listed in the New York Stock Exchanges. This firm is definitely legitimate. It’s easy for MLM companies to gain a bad reputation because there are so many bogus enterprises that take advantage of network marketing techniques.

Complaints against PrePaid Legal are mostly from ex-distributors who joined hoping to earn six-figure incomes magically. To them, the grapes were sour; they were not able to generate income beyond a level and they put the blame on the pyramid structure.  

Why Should You Join PrePaid Legal Business?

-    It’s easy to market legal insurance since it’s a new product to most people.
-    The compensation structure and bonus schemes are attractive. There’s good prospect to grow in this business. Commissions are given as soon as the order is handed in.
-    The market for this service is receptive because of its usefulness.

Challenges In selling

This is not the kind of business that could be sold to customers by strictly following procedures of a typical MLM firm. In fact, using techniques such as inviting people to demo parties, tempting them with gifts and offers and persuading them to buy your service would make your business seem more like a scam because most fraudulent dealers use the same modus operandi.

Promoting Your PrePaid Legal Business

This is a business that could generate really good levels of income if marketed properly. Your target market needn’t be just people you know; get a bigger market through the world wide world on the internet. With innovative tools such as facebook and article marketing, you’re sure to divert a lot of attention to your business.

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