Pre-Paid Services Inc – A Legit Business Opportunity Or Another Pyramid?

This post was written by admin3 on February 3, 2010
Posted Under: Networking

PrePaid Legal Services Review

PrePaid legal services Inc is a network marketing company that provides specific 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.

Product

Legal insurance is as important as medical or life insurance. Everyone’s accountable to the law and we can never predict when we may need the services 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 idea for this venture was born in 1972 when its owner, Harland C Stonecipher got into a legal scuffle and had to cough up huge sums of money. 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. 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?

After a series of lawsuits against the company, many people started proclaiming this business to be a 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.


Distributor Problems

This is not the kind of business that could be sold to customers by strictly following procedures of a typical MLM firm. 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

Find a way to promote this service well and you’ll be astounded at the rate of business that comes in. 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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