There are many different prepaid legal service plans. Some are supplied for free by employers, some are paid for by individuals. They may resemble medical and dental discount groups. They often provide services such as:
- discounts on legal servicers through a network of chosen provider lawyers
- Some free basic legal services, such as preparation of simple wills, or property deeds
- Access to some simple legal forms and documents.
Before pay for a prepaid legal plan offering these services, consider:
- How many times have you really needed this service in the past year, or even the past 5 years? How does the money you spent during that time compare with the cost of the prepaid legal service during a similar length of time? Would it realistically save you enough money to pay for itself?
- How often do you expect do need these services in the future? Do you have a realistic estimate of how much you will pay for the service if you don't buy into the prepaid plan?
Here are a number of other issues to consider:
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