It is not unusual to see the terms legal plans and pre-paid legal services used interchangeably. While they share a lot of distinctiveness in common, there are a number of differences you should be aware of.
Both of these terms refer to an arrangement whereby you pay a fixed monthly or yearly fees in swap over for legal services. The idea behind them is to save consumers on high legal fees whilst offering a priceless service. what kind of service is offered and what is covered therein. What are you entitled to in both schemes or services?
The Pre-paid services cover for specific legal services, free phone consultations and advice, drafting and writing of simple wills and trusts, review of sample contracts and writing of letters on your behalf.The Legal services not provided will be charged at regular attorney fees,though, you may be eligible for discounts.
Both of these terms refer to an arrangement whereby you pay a fixed monthly or yearly fees in swap over for legal services. The idea behind them is to save consumers on high legal fees whilst offering a priceless service. what kind of service is offered and what is covered therein. What are you entitled to in both schemes or services?
The Pre-paid services cover for specific legal services, free phone consultations and advice, drafting and writing of simple wills and trusts, review of sample contracts and writing of letters on your behalf.The Legal services not provided will be charged at regular attorney fees,though, you may be eligible for discounts.
The Legal insurance, by contrast, works much like other insurance plans, like health or car insurance. Anyway, specific legal services are offered at times, your insurance provider will typically offer a premium policy that covers for all legal services.
The policy will pay on behalf of you, the policy holder, or reimburse all expenses incurred, costs or fees that you paid for legal services up to the policy limit. For example, your policy might reimburse any fees incurred in your court judgments or pay your bail money,a service not provided by most pre-paid legal plans.
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Main-while, Your legal insurance is also pegged to other insurance policies or premium you may previously have.Whenever you run into legal problems involving your other insurance, then your legal insurance policy will protect you against loss or liability.Example, if you are involved in a car accident when your auto-insurance has already run out and you are subsequently sued for recovery of damages, you will be protected by a legal plan insurance.
Main-while, Your legal insurance is also pegged to other insurance policies or premium you may previously have.Whenever you run into legal problems involving your other insurance, then your legal insurance policy will protect you against loss or liability.Example, if you are involved in a car accident when your auto-insurance has already run out and you are subsequently sued for recovery of damages, you will be protected by a legal plan insurance.
The difference between the two schemes is related to your choice of attorney. In any pre-paid legal service, you get to choose from a restricted number of the attorneys in the network area. By contract, a legal insurance plan provides legal coverage regardless of attorney. Thereby,You are free to set up interviews with any number of attorneys and decide on the ones you think will
provide the most best service for your personal legal needs at any time.
In conclusion, pre-paid legal plans are much more accessible to the general public. Legal plans are harder to come With as only a limited number of insurance companies offer such plans.
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