Pre Paid Legal Services – A Legit Business Opportunity Or Another Scam?
PrePaid legal services Inc is a network marketing company 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! There may be situations when we find ourselves in urgent need of a lawyer. Joining a prepaid legal service will help you cut down on costs you may have to spend on attorney fees. 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?
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.
- This is an MLM that pays well. Payment’s made as soon as forms are submitted.
- This is a service that will be helpful for everyone. There should be many takers for this service if marketed the right way.
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
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. The internet offers a host of avenues such as social networks and articles where you could promote your business effectively.
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