Over the last few years prepaid legal services have become extremely popular. But what exactly are they and how can they benefit you?
What Are Prepaid Legal Services?
Prepaid legal services are basically a form of insurance. With a prepaid legal plan you will always have access to certain legal services in the event that you need them.
Some services you will have access to include document review, access to important legal forms, and discounts on certain legal services.
For the most part the services you will have access to will be very basic in nature.
Benefits of Prepaid Legal Services
If you have a prepaid legal plan you will have access to an attorney in the event that you need one. This is by far the biggest benefit of this type of service.
However, just like a health insurance plan, the benefits you receive will depend on various factors including what plan you purchased and who you purchased it from.
You will pay a monthly fee to have access to these services. And in most cases the monthly fee will be far less than what you would have to pay if you hired a lawyer on your own.
Most prepaid legal programs will offer discounted access to attorneys within the network. This basically means you will have access to all the knowledge you need to get your case properly handled.
Understanding The Drawbacks of a Prepaid Legal Plan
While there are some great advantages to having a prepaid legal plan, there are also a few drawbacks you need to be aware of.
Each year you will get access to a limited menu of services that you will be required to pay a monthly premium to access.
Whether you use those services or not, you will still have to pay the same monthly premium.
With prepaid legal plans you will be able to use the services that are included in your plan. However, there will also be other services that are covered.
But there is one big caveat. In order to access the other services you will need to pay a portion of the legal fees.
In the event you need legal services that aren’t covered by the program, it will be your responsibility to pay the full cost of said services.
For the most part prepaid legal plans only cover basic legal needs. If you have a serious issue such as a drunk driving case, you will need to pay more in order to have an attorney represent you in that type of case.