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Facing legal trouble can be costly and overwhelming — hiring the right lawyer or team, even more so. When legal issues arise, they’re often sudden and unexpected, so it’s important to be prepared when they do come up. That’s where having legal insurance can help.
Legal insurance provides access to attorneys for legal help, including drafting and reviewing documents and consultation or representation in court for many common legal matters.
Also called group legal or prepaid legal, this type of insurance is most often included as part of a workplace benefits package. Employees can choose to opt into a legal plan for which they’ll pay a set monthly premium or yearly fee (usually nominal) and have access to experienced attorneys.
These plans leverage a network of attorneys who have agreed to provide services as part of their contract with an organization. There are typically no bills, deductibles, or claims forms to fill out, provided you use a network attorney.
Legal insurance often covers a wide variety of legal issues, covering nearly everything except workplace matters. A legal plan will likely come in handy during any of the situations listed below:
Legal insurance plans can cost enrollees as little as $20 per month, or $240 per year—less than the $391 average hourly rate of lawyers in the United States (according to a survey of Law Firm Economics by the National Law Journal and ALM Legal Intelligence).
Even if you don’t anticipate any legal trouble or the need for a lawyer, ensuring you’ll have some protection should anything happen is invaluable. And it’s worth remembering that not every legal issue involves an overt conflict—sometimes, it’s nice to have a lawyer on your side to walk you through complex documents or agreements.
If your employer offers legal insurance as part of your employee benefits package, it could end up saving you a substantial amount of money and effort.
If you’re asking yourself, “Is legal insurance worth it?”, consider both the monetary and emotional cost of being left without a legal expert. For those situations you never thought you’d have to face, like divorce or bankruptcy, to the more common legal matters, like marriage and buying or selling real estate, a legal plan can help you feel supported and prepared for what comes next.
This article is intended to provide general information about insurance. It does not describe any Metropolitan Life Insurance company product or feature.
Group legal plans are administered by MetLife Legal Plans, Inc., Cleveland, Ohio. In California, this entity operates under the name MetLife Legal Insurance Services. In certain states, group legal plans are provided through insurance coverage underwritten by Metropolitan General Insurance Company, Warwick, RI. Payroll deduction required for group legal plans. For costs and complete details of the coverage, call or write the company.