PrePaid legal services Inc is a network marketing company 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.
The Service
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 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?
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.
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.
- 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.
Distributor Problems
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. The internet offers a host of avenues such as social networks and articles where you could promote your business effectively.
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