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Inc Lot
PrePaid Legal – A Legitimate Business Opportunity Or Another Scam?
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. 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. 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. Another offering from this company is a monitoring system to protect members from identity theft, a crime that’s on the increase.
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. 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.
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
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. 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 you could promote your business effectively.
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