May 19 2017 - If you've been proposed a prepaid legal plan or legal protection plan, you might be wondering what their benefits are. The way prepaid legal plans work is simple. For a monthly fee, you will be able to enjoy the protection of a lawyer if any legal issue arises. There are many advantages to legal prepaid plans that should be considered before you make your choice. Here are a few of them.
1. You'll Save Money
Saving money is the primary advantage of prepaid legal plans. Attorneys can cost between $100 and $500 per hour, so fees can add up quickly. On the other hand, some prepaid legal plans start as low as $30 per month, or $560 dollars per year. You could end up getting a year's worth of assistance for what you would pay for one hour of service. And, instead of waiting around before seeking the help of an attorney, you'll be able to start on any case immediately knowing that your costs are accounted for.
2. Easier Access to Attorneys
Most group legal plans provide assistance to their members by giving them access to a large network of pre selected lawyers. And prepaid plans are usually very selective with the lawyers they accept as part of their network, which will minimize the time you'll have to wait until you find a reputable lawyer.
Also, most prepaid legal plans give you access to a hotline that will allow you to access legal advice 24/7. You won't have to ask advice from friends and families about their cases if anything pops up. Each case is different, and while you might get some solid advice from other people who want through a similar ordeal as you, it always better to get advice tailor made for your situation.
3. You Will Get Assistance on Minor Cases as Well
Because of their costs, many people fail to seek legal advice on minor issues or issues they believe they can solve themselves. For instance, if you're under a prepaid legal plan, you could contact your lawyer to write a letter to an unscrupulous landlord that is keeping a hold on a security deposit for instance, or a bad contractor who won't fulfill their engagements.
Also, you could use the services of a lawyer for things such as estate planning for instance. Many people decide to do their will and estate planning on their own with DIY kits. The problem with these kits is that they're not foolproof and might be open to litigation later on. A large portion of Americans do not have access to a will, which leaves them in a precarious situation. Having your estate plan drafted by a lawyer can be very costly, so being under a prepaid plan can be a literal godsend.
As you can see, prepaid legal plans have tons of advantages for workers. They allow them to cut significantly on their lawyer costs, give them access to a vast network of reputable lawyers and also allow them to get legal assistance on minor issues.