Pre-Paid Legal – A Legit Network Marketing Opportunity Or Another Pyramid?

PrePaid legal services Inc is an MLM undertaking that offers certain legal services to customers for a subscription fee. This article aims to explore the income opportunity offered by the MLM and see how profitable it is.

Product

Why does anyone need legal insurance? The same reason why you’d need health or life insurance! Everyone’s accountable to the law and we can never predict when we may need the services of a lawyer. Joining a prepaid legal service will help you cut down on costs you may have to spend on attorney fees. Membership to this service entitles you to the services of a lawyer for matters such as wills and other legal documentation, settlement of legal issues and minor 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 idea for this venture was born in 1972 when its owner, Harland C Stonecipher got into a legal scuffle and had to cough up huge sums of money. He felt the need for an insurance that would mitigate unexpected legal expenses as well as keep them in touch experts in law to get their queries answered. The business was started as a network marketing company to spread the word through independent associates who could explain details to customers in person. 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?

After a series of lawsuits against the company, many people started proclaiming this business to be a scam. However, this company’s definitely not fraudulent. With over 30 years of experience and the backing of shareholders, PrePaid Legal is a strong and legitimate establishment.

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?

-    Legal insurance is relatively new as compared to other kinds of insurance. This should make it easier for you to sell the product.
-    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

There are no prospects to earn in this business by just following established techniques of traditional network marketing firms mechanically. To be frank, that could even land you in trouble. Most scam companies follow the same techniques of hosting parties, making irrefutable offers and calling people consistently till they relent.

Promoting Your PrePaid Legal Business

Find a way to promote this service well and you’ll be astounded at the rate of business that comes in. Instead of concentrating on people you know, reach out to the world outside by communicating to them about your product. The internet offers a host of avenues such as social networks and articles where