Differences between Pre-Paid and Legal Plans

It is not uncommon to observe the terms “legal plans” and “pre-paid legal services” used interchangeably. While they share heaps of features

in frequent, the’re some differences you ought to be alert to.

Probably both of these terms refer to an appointment whereby you pay a set monthly or yearly fee in exchange for legal services. The concept behind them is to save consumers on high legal fees whilst offering a valuable service. That’s where the differences lie: what type of service is provided and what is covered. What are you entitled to in both schemes?

Pre-paid services cover for specified legal services: free phone consultation and advice, drafting of simple wills and trusts, review of sample contracts and writing of letters on your behalf. Legal services not provided will get charged at regular attorney fees, but you might be eligible

for discounts. Legal insurance, by contrast, works much like other insurance plans, like health or automobile insurance. Although specific legal services are proposed at times, your insurance provider will more often than not provide a policy that covers for all legal services. The policy will pay on behalf of you, the policy holder, or reimburse all expenses, expenses or fees that you acquire legal services up to the policy restrict. To Illustrate, 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.

Your legal insurance is also pegged to other plans you could already have. If you run into legal problems involving your other insurance, of course your legal plan will safeguard you against loss or liability. As an 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 looked after by a legal plan insurance.

The other difference between the pair schemes is associated with your choice of attorney. In a pre-paid legal service, you get to select from a restricted number of the attorneys in the network. By contrast, a legal insurance plan provides legal coverage no matter attorney. You are free to arranged interviews with any amount of attorneys and select those you think will supply the best service for your very own personal legal needs.

Finally, pre-paid legal plans are much more accessible to the public. Legal plans are harder to arrive as only a finite number of insurance firms supply such arrangements.

Keith has been writing articles online for nearly 4 years now. Not only does this author specialize in legal matters, and personal injury claims, you can also check out his latest website on whiplash claims which looks at whiplash claims in more details. If you are looking to claim for whiplash claims then visit his site now.

Bookmark It

Hide Sites