A New Way to Pay for Legal Services (LegalShield)

For many families and individuals across the United States, legal expenses can be one of the most burdensome costs to a household. For years families faced with a law suit, foreclosure, or other legal issue were forced to spend $1,000s of dollars or more in legal expenses. Given the $49,445 average income of United States citizens, spending $1,000s of dollars on legal costs can devastate a family and even lead to bankruptcy.

Assuming you are not a lawyer, it is vital to have legal resources nearby. Just as it’s impossible to predict a medical emergency, you never know when the need for legal services will come around. So what can you do to protect yourself in case of a legal emergency?

The solution? Prepaid legal expense plans.

Prepaid legal expense plans, often referred to as legal insurance, provide individuals and families with a wide variety of legal services in exchange for a monthly fee. Generally members have direct access to a law firm in their area for whenever a legal emergency may arise.

This may sound new to many, but prepaid legal expense plans have been around for quite some time. Families and organizations in the United Kingdom have been utilizing legal insurance plans for years and have experienced great results. In recent years, legal insurance has seen significant growth within the United States. One company in particular, LegalShield, currently serves over 1.4 million families across both the United States and Canada. In fact, just last year they received over 2.1 million calls from their members.

With such a significant growth in LegalShield memberships alone, it’s easy to see why more and more people are switching to prepaid legal expense plans for their legal needs and peace of mind. Whether or not you anticipate a legal emergency in the near future, it’s better to be safe than sorry with a prepaid legal expense plan.