If you’re considering using a legal protection plan or prepaid legal plan, you might be wondering how it will benefit you and your family. When you join a legal plan, you pay a monthly fee – like $30 a month – and whenever a legal issue arises, your attorney fees are covered by the plan. Here are five benefits of joining a legal plan that you won’t get hiring a private attorney:
1. Save money.
Probably the biggest benefit of becoming a member of a legal plan is the money you’ll save. Did you know that attorneys charge between $100 and $500 an hour? Contrast that with the average cost of a legal plan – about $250 a year. You get a year’s worth of service for what would be just an hour of an attorney’s time in the private market. Instead of waiting until the last possible second to call a lawyer, you can be proactive, knowing the attorney’s fees are paid for.
2. Help finding an attorney.
Most prepaid legal plans have a network of attorneys who accept their members. You could walk into that same attorney’s office as a private client, but as a plan member, you’ll pay a lot less for their services. Legal plans have standards for who they’ll accept in their network, so you know anyone you choose will be qualified. Plus, they can give you a list of attorneys in your area by their specialty. It’ll save you a lot of time and will be more trustworthy than a google search.
3. For the little things.
You might think of hiring a lawyer if you’re going through a divorce or are involved in a lawsuit, but what about for minor issues? When you have a legal plan, you can ask a lawyer to write a letter on your behalf to make sure an unscrupulous contractor lives up to his end of the deal or to help you get your security deposit back from a crooked landlord. A call or letter from a lawyer can move a situation forward much more quickly, and with a legal plan, it wouldn’t cost you a dime.
4. Think ahead.
With a legal plan, you can be proactive about legal issues, like estate planning. Over half of Americans don’t have a will. Think of how many more people would have a will or trust if they knew it would be covered by their legal plan. A legal plan lets you take care of you and your family’s future, without worrying about the costs, and get it done by a qualified expert, not a DIY kit.
5. Solid advice.
Many legal plans have a hotline where you can call whenever you need legal advice. No more asking your cousin’s best friend who used to be a lawyer or relying on an internet search. A legal hotline provides you with accurate advice and is convenient too.
If you need legal help and are on a budget, a legal plan can be a great choice for you. Just make sure you research plans well and get the fine print on what’s covered, if there are any out-of-pocket costs like deductibles you have to pay, and what attorneys are available to you. No one knows when a legal problem could arise, but with a legal plan, you can make sure you’re protected, no matter what.