Do You Have Legal Insurance?

When it comes to insurance it is important that you do not compromise on your cover. You want to be sure that you are covered for as any eventualities as it is possible to be covered for. The one kind of insurance that a lot of people seem to neglect to arrange is legal insurance.

This is one of the newer kinds of insurance available in the insurance market today. This is probably why a lot of people forget about it, they are not as aware of it as they are of household or life or car insurance. It is actually a kind of insurance that should not be neglected. It can really come in handy from time to time. Here is why.

When it comes to all things legal, the costs can be phenomenal. The best lawyers tend to cost a great deal and not everyone has got the money lying around to be able to pay for lawyers fees. This means that a lot of people forgo legal assistance when they should actually make use of it. Other people simply do not want to carry the full cost of their legal costs. This is where insurance for legal purposes comes in.

It is a lot like other insurance policies in that it is there to help you cover the costs of some or other potential problem because, when it comes to legal issues, the problem is always the cost of assistance of some kind. This kind of insurance policy also has limits placed on it, as all insurance policies do. This means that you will only be able to get a certain amount of legal assistance per policy. The amount does vary from policy to policy, just like other insurance policies. Some legal services will also have a co-payment to be made, kind of like the excess payment on car insurance.

Most people can see why things like car insurance are almost a necessity, but few feel that legal insurance is a necessity. This is because most people can see that car accidents are common and that they are likely to be involved in one regardless of how carefully they drive but few people feel that they will ever have need of an attorney for anything more than an ante-nuptial agreement. The problem is that more people than most realise are in need of legal assistance on a daily basis. Accidents do happen and you may be wrongfully accused of something and require legal assistance to defend your name or to sort out a divorce or some other thing along those lines.

As you can see, it is important to make sure that you have all your bases covered. One of the bases that should be covered is potential legal costs. Not everyone is in a position to pay for legal assistance when they need it. It is better to have legal cover and never need to make use of it than to need it and not have it at your disposal.

Is Having Legal Insurance a Necessity?

We all know the importance of having insurance. Health insurance is a billion dollar industry because most people have coverage. Some companies may be considered to be better than others when it comes to the coverage provided, but overall they are all having success. This is simply because people understand there will be a time when they will need medical assistance. Would they prefer to pay one lump sum of what may be a very expensive medical bill, or a small co-pay and maybe a deductible. If they have medical insurance they can definitely choose the second option.

The same goes for car insurance. Without car insurance, you are taking a huge risk when driving your car. Even if you are not actually driving the car, something may happen, such as a hit and run or car theft. It is very simple, if one of these incidents happen to your car, and you do not have car insurance in place, you are pretty much out of luck.

I can go on and on about the different forms of insurance, such as rental insurance, home owners insurance, and so on. The bottom line is, paying a small monthly fee to protect you in the future is the most feasible route to take. This is the reason I highly recommend legal insurance.

According to the American Bar Association, “Americans have come to view legal assistance as a necessity”. Many people may not agree with this until they come across a legal situation and need access to an attorney. Once they are billed for a retainer fee and experience the high hourly cost attorneys charge, they wish there was another option.

This is why legal insurance was put into place over 40 years ago. Because it is not mandatory “so to speak”, many people would rather avoid paying this monthly fee. The great thing about legal insurance is it is the most inexpensive insurance one can obtain. It is less than what you pay for a cup of coffee a day. What makes it even better is this low monthly fee will give you access to many legal services at no additional costs. The same way medical insurance gives you access to doctors, legal insurance gives you access to attorneys. In both cases, you can save thousands of dollars just by paying a small, consistent fee.

One example of someone who used her legal insurance and was extremely happy with the outcome was a woman who used the traffic court representation. She was a New Jersey resident, but traveled out of state to visit her son while he was away at college. The woman left her job, and got on the road to drive out to her son’s college to visit with him for the weekend. After driving a few hours she became extremely exhausted. As she noticed she was way too sleepy to continue driving, she tried to find the nearest exit, but it was a few miles away. She swerved a little due to exhaustion and was pulled over by state police officers. She was given almost $7000 in fines for things such as wreck-less driving, just to name a few. She was so upset all weekend over this and couldn’t enjoy her time with her son.

When this woman returned home, she contacted her legal insurance providers and let them know what had happened. Although she felt she should have received some sort of summons for driving while sleepy, she felt her punishment was a bit harsh and extreme. She explained everything to the attorneys who were assigned to her case. They went to court on her behalf in that other stated and had more than 90% of the fines dropped. She of course had to pay court cost, but she didn’t mind. She was extremely happy that she had legal protection to help her with her legal situation.

How To Get Legal Insurance Online

Insurance companies are all competing for a limited number of potential clients. This means that the company with the best rates and the best products will get the most clients. It also means that the company that gets back to prospective clients will get the lion’s share of the potential market. This is why so many companies are now allowing people to apply for and even get a range of insurance products online. Here is how to get legal insurance online.

The first thing to do is decide how much you can afford to spend and how much you think is a reasonable amount of legal insurance to get for that figure. You do have to be reasonable though. You cannot expect the insurance provider to cover millions of rands or legal insurance when you are only paying a couple of hundred rand a month.

Then you search on the internet for something like “legal insurance”. This will give you a list of organisations that offer this kind of insurance policy. The list is probably going to be quite long as a lot of insurance carriers try to get more business through allowing affiliates to sell or market their policies for them so a lot of the sites that will come up will give you quotes or policies from the same insurer. So just keep track of the prices that you will get from each of the insurers and do not bother to get more than one quote from a particular company. You can use a pen and paper to keep track of the various options available. Just take note of the company, the policy name, the premium and the amount you will be covered for.

The next step is to take a look at your notes and see which one of the policies comes closest to meeting the requirements that you set out at the beginning of the exercise. The most important will be affordability. It is no good signing up for a policy that you will not be able to afford. So cross out the ones that are beyond your budget and the ones that you feel do not give you a fair amount of cover for what you are going to be paying each month also be sure to take note of the kinds of proceedings that are going to be excluded from your policy. You will then make your choice based on the amount of cover per rand of premium that each policy offers you. The highest ratio will be the best option for you to take.

The last thing to do is sign and return the quotation and activate your policy with the chosen insurance company.

As you can see, it is fairly simple to find and sign up for legal insurance if you have access to the internet. It does not require extensive phone calls and things like that so you can do it in your own time. Get your legal insurance sorted out today.

Legal Coverage For the Family

When you think about protecting your family from unforeseeable disasters and financially draining situations are you thinking of the different type of insurances to use for the protection of your family. If you are only thinking of insurance policies then you may not be adequately covering your family. Sure, you can have all the insurance policies you think your family will ever need like automobile, life, home, medical, and business insurance. However, non of these insurances will ever cover you and your family in legal matters not even your car insurance will cover your legal need and expense if you are ever charged with vehicular manslaughter. In fact, your insurance company may even drop you from coverage. What would you do in this situation?

The obvious answer would be is to seek legal counsel; however, the time to look for an attorney is not in your time of legal need. The reason for this is that it takes time to find the right lawyer to handle your particular situation. The attorney you ultimately choose needs to be board certified and he or she must have trial experience and be an expert in the area of your legal need. Based on your legal situation time may be critical to you obtaining a propitious outcome. In this case, you will not have the time to search for a good lawyer. Therefore, it is important for you to know what all lawyers and law firms are not created equal.

The next area of consideration is the affordability of obtaining legal counsel for you and your family. The cost of obtaining a good lawyer is not cheap. Once you have chosen a lawyer the cost for this attorney could range from $200 to $500 an hour and at 75 hours, the cost of obtaining legal service would be $15,000 to $37,500 just for the cost of obtaining legal services from a lawyer. With the cost of the other legal fees like court cost etc., should you lose the case, could be financially devastating to most middle class families. Even now with the economy the way it is, the crisis with the mortgage companies and foreclosures the need for legal counsel is even more necessary than you could imagine. With the disaster with hurricane Katrina, attorneys could have helped many of the families that were victims of hurricane Katrina.

At this time in your family’s lives, can you pick up the phone and talk to a lawyer on an unlimited subject matter without it costing you anything? It would be nice to have most services already paid for through an affordable monthly membership like the way insurance companies provide insurance coverage. However, with insurance policies you have to wait for something bad to happen to take advantage of your insurance benefits. Still it is nice to have those benefits in place when the need arises. Like wise with legal services, it is better to have a law firm you can call on, on a daily basis, for an unlimited subject matter without it costing additional money for the coverage. The need for a service like this is highly needed in today’s society. Coverage for you and your family can begin from the moment of your enrollment. When family means everything to you, getting a membership is a no-brainer.

The legal needs of a family may not be that obvious to most families and therefore, most families may be oblivious to their current and not so apparent legal needs. However, I can point out one very serious current legal need that most people have today and that is having a Will in place to cover your Estate and to care for your love ones once you have passed. Having a Will in place lets your love ones know how much you loved them and are still looking out for them even after your passing. It is the ultimate expression of love. However, over 70% of North Americans do not have a Will in place and as sad as that is most will pass without one in place to cover their love ones. A reason or tow of why this is so could be because the cost of having a Will created and updated yearly is cost prohibited in most family’s budget or may be people may feel that they do not have much or anything to leave to their family members. This may be so for material things; however, if you have children you should be the one who decides where your children should go to be raised and by whom. If you do not have a Will in place in most cases, the state will make the decision of where your children will go and who will raise them and you may not link their choice. You may have other family members who will be glad to care for and raise your children after your passing. You can make sure this happen with this stated in your Will.

In conclusion, you may have copious amount of insurance, however, it does not cover your family completely. Thus, just one lawsuit or legal matter can turn a family’s lifestyle around and financially bankrupt a family. However, this does not have to happen to families now that someone has created a way for people to obtain legal services via simple membership plan that covers most legal services that a family will need on a day-to-day basis. The product is like having legal insurance, which actually levels the legal playing field, and making Equal Justice affordable for the masses.