Pre Paid Legal Inc – A Legit Network Marketing Opportunity Or Another Pyramid?

By 1ClickProfitSt | January 12th, 2010

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.

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 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. 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.

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?

-    It’s easy to market legal insurance since it’s a new product to most people.
-    The compensation structure and bonus schemes are attractive. There’s good prospect to grow in this business. Commissions are given as soon as the order is handed in.
-    The market for this service is receptive because of its usefulness.

Distributor Problems

There are no prospects to earn in this business by just following established techniques of traditional network marketing firms mechanically. 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. With innovative tools such as facebook and article marketing, you’re sure to divert a lot of attention to your business.