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A Review Of The Prepaid Legal Services Income Opportunity

Nov 22, 2007
We all know how important it is to have insurance, whether it is car insurance, health insurance or even life insurance. Did you ever think about legal insurance? Well, that is what Prepaid Legal Services provide.

Harland C. Stonecipher started these services in 1969. He was in an auto accident that left him with huge legal bills. That is when he started searching for any legal defense plans in European legal industry. That is when he found the Sportsman's Motor Club that offered legal expense reimbursement services as part of their motor club. He decided to start these services and began marketing in 1983. Now the company is in 50 states and Canada. And they market strictly through a network marketing system.

What does Prepaid Legal Services offer? They market legal service plans. They have a network of law firms over the US and Canada. The customer purchases a type of legal insurance that connects them with a law firm in their area. They receive legal services such as document preparation; unlimited attorney consults over the phone, and will preparation, traffic violation defense problems, general trial defense and criminal defense for auto related charges. They also offer identity theft services that can be added to the customer's package.

This is a program that has a direct sales compensation plan. An Independent Associate will be able to make $50 to 182.50 on every $26 membership sold. When the Independent Associate markets 5 memberships per week, he or she is made a Senior Associate. At that level, the earnings will be $500 per week.

Prepaid Legal Services provide "hands on" experience in how to present the membership with others and help them to see the opportunity in sharing it with others. It works very simply.

1. You will first show the Prepaid Legal Services plan.
2. Sign them up
3. Mail the enrollment form to corporate office to be processed
4. Get paid

As soon as the membership packet is received at the main office, then a commission check is deposited right into your bank account. If you submit new business daily, you get paid daily.

What sets this apart from other direct sales marketing plans is the "daily pay" plans. Commissions, overrides and bonuses are paid on a daily basis. When an associate makes a; $26 membership sale, the company pays out a total of $245.50. The reason they do this is because most members stay with the company over the years.

Building your business is the best way to insure a great income for you if you decide to be a part of this company. When you have 3 legs beneath you and 75 sales, you reach the top level of Executive Director. If you only had 30 associates in your group sell one membership per week, assuming a one-year commission advance, you would be able to earn $975 per week. This is if everyone that purchases a membership stay in the program.

To get started will only be $49. This will include your sales materials; you're training in the field, Support from your team, support from the Home Office through the Marketing Services Team, access to marketing supplies and online associate services.

Do your research on the Prepaid Legal Services before you decide. Think about how you will find your leads, your marketing plan. Do more in depth research on the marketing plan. Network marketing has statistics of 90% failure rate. Don't be a part of that 90%.
About the Author
Brian Garvin and Jeff West are the owners of http://www.joinbrianandjeff.com This website specializes in showing small and medium sized business owners the techniques and pitfalls regarding what it takes to make true, long-term, walk-away residual income. Free Insider Report!
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