Legal Shield
LegalShield Opportunity
If you are committed to helping people and interested in being your own boss at a much lower cost than setting up on your own, then LegalShield could be a great opportunity for you.
LegalShield has been in business for 45 years. It is the largest independent legal and IDTP services organization in the United States. As a whole, the company serves around 4.1 million happy customers.
LegalShield allows you to access more customers and increase your network. You can build your own team and get residual earnings for everyone that signs up. This could make you a lot of money, with far less overhead than you’d have if you were to start your own brick and mortar business.
If you do already have a job, then LegalShield is another way for you to add to your income. For a low cost, you can become part of the LegalShield network and start earning straight away. With the website in place, you have free advertising and the backing of a good company.
Also, Forbes listed LegalShield in the top 20 places to work, so you can join as an associate confident in the knowledge that nearly thousands of people across the U.S. and Canada have provided positive feedback on the organization.
LegalShield Products
Basically, there are four main plans that LegalShield offers. You must choose one of these and then you may add additional extras on your plan.
Personal Plan
The first plan is a personal plan. For only $24.95 every month, you get access to a team of lawyers that have, on average, more than 20 years of experience. The personal plan covers the member, their spouse, and any dependent children living at home under the age of 18, or up to 26 if they are a full-time student. You get toll-free calls with a lawyer, which usually end up being pretty costly if you use a traditional lawyer. They’ll send letters or make a phone call on your behalf and review documents, such as rental contracts. You can have your will prepared and if you have to go to court; you are even covered for 57.5 hours of trial time in your first year of membership.
Small Business Plan
Pricing ranges from $39 per month for a small business of less than ten people to $149 for a business with less than 100 employees. Everyone who owns a business needs legal advice quite regularly. Under this plan, you can speak to your lawyer about your business on any topic, and they’ll also do an hour’s worth of research per topic for you. You get three further 30-minute calls per year on things such as tax, intellectual property, securities, and immigration. They’ll also review up to 20 contracts a year for you. This is not exhaustive, but you can take advantage of a 25% discount on anything not covered in the plan.
Commercial Drivers Plan
If you or your spouse drive for a living, then the Commercial Drivers Plan is available to you for only $32.95. Accidents happen every day and it’s important that you are protected in any event. Whether your vehicle gets damaged or you need to make a personal injury claim for an automobile accident, you’ll need a lawyer. With one low monthly fee, you’ll have peace of mind and a lawyer on call to help with everything from moving violations to licensing issues.
Identity Theft Plan
Security breaches have cost Americans $19.4 billion so protecting your identity is a high priority. Luckily, LegalShield offers an identity theft plan for only $12.95 a month, so you can take advantage of their comprehensive identity theft monitoring and full-service identity restoration services. $1 million insurance coverage for identity theft is included. You can have an individual or family plan.
Is LegalShield a Scam or Pyramid Scheme?
The simple answer is no. LegalShield is regulated by the FTC and several state insurance departments. Also, LegalShield is made up of a network of lawyers who have years of legal knowledge between them.
LegalShield has been highly rated with Consumer Affairs, BestCompany.com, and have been featured in Marketwatch. It is a bona fide organization that has many happy customers and associates. It’s different from a traditional multi-level marketing company, as there are no products to sell.
LegalShield Compensation Plan
To become an associate with LegalShield you pay $99 for a starter kit. You then make commission on every plan that you sell. This starts at $14.96 for an IDShield individual plan and goes up to $60 for a family combo plan. However, when you begin recruiting new members, then your commission goes up! So, at the next level up, as Senior Associate, the family combo plan is worth $120 to you. If you make 50 membership sales, it jumps to $160 for the same plan. Basically, it tops out at $280, which isn’t bad at all. If you’re prepared to put in the hard work, then your earnings can grow exponentially.
LegalShield History
Harland Stonecipher, an insurance salesman in Oklahoma, was involved in a car accident in 1969. The accident wasn’t his fault, but he had to hire a lawyer to help him in the case, and it cost him quite a bit. He thought that everyone should have access to affordable legal services and went about making that happen. Prepaid legal services were founded in Ada, Oklahoma in 1972 as a result.
In 1999, the company was listed on the New York Stock Exchange. The company was bought by MidOcean Partners in 2011 and renamed LegalShield. It has more than 1.7 million members and 39 provider law firms. Harland Stonecipher achieved his dream of affordable quality legal services and he left this legacy when he passed away in November 2014.
Modern Legal Services
The company has also progressed with the times. Now LegalShield has an app that is a one-stop shop for legal support. You have a law firm in the palm of your hand! You can snap speeding tickets or get 24/7 legal assistance in an emergency. You can also get advice on wills, forms, and much more. This is the kind of service people need in their lives in this fast-paced world.
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Resources:
https://www.consumer.ftc.gov/features/feature-0014-identity-theft