Prepaid Legal

Lawyers can be expensive. Hourly rates are high, and the cost of legal help on retainer is often prohibitive for most people without large amounts of wealth. But at some point everyone will experience a need for legal help, or at least access to lawyers. A prepaid legal plan can help alleviate the high cost of legal representation, while ensuring that legal advice is readily available.

Prepaid legal works in much the same way as insurance does. When you buy insurance, the expectation is that a regularly paid premium assures that the company will cover the expenses necessary to fix an unexpected problem.

When purchasing legal help through a prepaid legal plan, one is, in essence, receiving legal insurance. Lawyers are on hand to provide advice and/or representation as needed. However, like other forms of insurance, prepaid legal features different levels of covered services and different prices, depending upon which plan is chosen.

Some employers offer prepaid legal help as a fringe benefit. It is also possible to purchase through group legal plans. Before choosing a plan, however, it is important to be sure the company offering the service is reputable. Checking with the Better Business Bureau can be a big help.

Back to Articles