Pre-Paid Legal Inc – A Legit Business Opportunity Or Another Scam?
PrePaid legal services Inc is an MLM undertaking that offers certain legal services to customers for a subscription fee. 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
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. 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. Issues such as divorce, drugs related cases and major criminal problems are not covered, but members can use the services of a lawyer for such issues at a discounted rate.
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 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. 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.
Old affiliates who couldn’t make money turned bitter and started complaining about the company and the MLM hierarchy. However, there are people who’ve made lots of money in this business. You earnings depend on how you market the service.
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.
- This is an MLM that pays well. Payment’s made as soon as forms are submitted.
- 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. 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. Your target market needn’t be just people you know; get a bigger market through the world wide world on the internet. The internet offers a host of avenues such as social networks and articles where