prepaid legal services business opportunity – Is Pre-Paid Legal a Legitimate Opportunity?
Pre-Paid Legal was started from a tragedy that happened on July 11, 1969. Harland Stonecipher was involved in a serious head-on collision that damaged his car, required medical care, and a stay in the hospital. Harland had auto, health, and life insurance to cover the costs, but no protection the legal bills that accumulated.
Frustrated from this experience, Harland Stonecipher started Pre-Paid Legal on August 8,1972 offering legal expense reimbursement services as a motor service club. Ten years later, Prepaid started the network marketing business model. Today Pre-Paid Legal is listed on the NYSE and is a monster of a company.
The Service
Pre-Paid Legal offers a service that connects their customers to qualified attorneys and law firms when they need it. Anyone can become a customer for $26 per month or less depending on the plan they want. There are many plans to choose from based on your need and the state you are located in.
The Business Opportunity
The entry cost is low. You can join Pre-Paid Legal and become an associate for $49. Pre-Paid Legal offers three ways to make money. The first source of income is receiving immediate commissions from individual memberships, employee benefit memberships, and other plans.
Override commissions are the second source of income. Override commissions are paid when you and your team enroll other associates. Pre-Paid’s compensation plan is a Stair-Step Breakaway. They pay out 1 year advanced commissions on all their plans. Every time a distributor personally sponsors someone into the business, the associate receives a commission ranging from $69-$250. Associates earn the override commissions when certain qualifications and levels are met. Here are the levels and override commissions based on 26$ Expanded Family Plan enrollments.
· Bronze $7.00
· Silver $5.00
· Gold $4.00
· Platinum $2.00
· Platinum 2 through 7 $0.50
The third source of income is Executive Director Breakaway Bonus Advance, Director Breakaway Bonus Advance, and Platinum Breakaway Bonuses.
Pre-Paid Legal has passed the acid test. The company will continue to grow while providing excellent legal services to their customers. Learning how to market in this business is key if you want to become successful. You need the right skills and knowledge if you want to generate the kind of momentum the top producers do. The top marketer know a simple strategy that keeps people in the game by making money of leads even if they do not join your business. These strategies and tools are a must if you’re serious about building a large sales team and creating lifetime residual income.
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Shawn J. Taylor has helped hundreds of people capture their target market by marketing their business online. To learn how you can 50 or more leads a day, visit this website.
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