LegalShield

LegalShield logo
1969
Founded
US
Main Office
Breakaway
Comp Plan
$450.00 Million
Est. Annual Sales
Industry Category
Unknown
Sales & Transfers

Overview

LegalShield's mission for 45 years has been to provide the most comprehensive and affordable access to trusted legal counsel. It offers plans tailored for individuals and families, small business and HR professionals. Categories offering services in include: landlord-tenant, consumer finance, traffic, estate planning, and real estate.

The founder of the company is Harland Stonecipher. LegalShield now has 1.7 million members, 50 states + 4 provinces with coverage and 24/7 access to emergency legal counsel.

One Pre-Paid Way
Ada OK 74820
US
Broken promise, CEO detached, no transparency
By Ken's Insurance Agency, LLC on Friday, December 17, 2021

Legalshield has had its ups and downs from building a reputable company to no accountability and losing creditability for broken promises to recovering to now back to no accountability. CEO too busy to deal with issues, law firms more interested in billing when advertised that the law firms are not focused on billing, to promising different items on scheduling calls and how the plans work then not honoring these.

Compensation Plan info for LegalShield

The breakaway compensation plan is used by LegalShield to organize their groups of independent distributors. In a breakaway plan, also commonly referred to as "a plan within a plan," distributors are paid in two different ways depending on if they have reached a "breakaway rank".

Once a leader reaches the breakaway rank, she and her downline form a new unit where she will earn commission based on the rules for her rank. Some compensation plans have multiple breakaway groups that are formed as the distributor hits the rank goals. This is often referred to as a stairstep breakaway compensation plan.

Recent News for LegalShield

Monday, September 19, 2022
PPLSI, parent company of LegalShield and IDShield, and Ease, a benefits administration platform designed to accommodate small to medium-sized business Continue reading
Monday, September 12, 2022
LegalShield, the world's largest platform for legal, identity, and reputation management services, released today the results of a survey about estate Continue reading
Thursday, May 19, 2022
As we continue to spotlight small businesses during May, LegalShield, the leading provider of membership-based legal services and identity theft prote Continue reading
Friday, October 1, 2021
LegalShield, the leading provider of membership-based legal services and identity theft protection plans, brings associates and employees from U.S. an Continue reading
Friday, August 6, 2021
LegalShield, the leading provider of tools and services that affordably protect and empower people to live a just and secure life, today announced the Continue reading
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Considerations When Choosing An Insurance Direct Selling Company

When choosing a company to represent, online reviews and prices of insurance packages are a great place to start. Still, there are additional items to consider before making your choice.

Company Reputation - The reputation of the direct sales insurance company will impact your ability to sell their products. The better the reputation, the easier it will be to convince potential customers to put their money into your product.

Customer Service - When selling non-life insurance, like car insurance, your customers will want a high-quality customer support team when dealing with insurance claims.

Financial Stength - The financial strength of the direct selling insurance company is essential for you and your customers to depend on them in the future.