Top 5 uses of legal plans
May 1, 2013 2:30 PM
Its really a benefit that is built around the whole family, says Dennis Healy, vice president of sales for ARAG. When it comes to legal matters, he says workers divide into three types: do-it-yourselfers who just want their work checked, collaborators seeking an expert partner and hands-off participants whod like the job done for them. All three can use help with these five common events:
1. Purchasing or leasing an automobile
That doesnt sound like a legal event, Healy says, but if you had some advice on how to negotiate with an auto dealership, that would be good. If youre taking out a loan, and you want someone to look at the lease agreement that youre getting, that would be a good thing.
Even selling your own car, you might want the kind of legal documentation that often comes with the templates of a legal plan.
Even selling your own car, you might want the kind of legal documentation that often comes with the templates of a legal plan.
2. Hiring/dealing with contractors
Carpenters, plumbers, masons, construction crews can you imagine having too much written down about people working on your home? If your employees need to send a letter and have it come from an attorney, there probably isnt a cheaper way to do that than through your organizations legal plan.
3. Care for an aging family member
Access to patient advocates can help you navigate the maze of a long-term care event, Healy says. Medicare, Medicaid, health plan providers just balancing the cost of care can be a struggle. Legal advocates can find ratings and histories to help make recommendations, and sometimes they can help negotiate discounts.
4. Trouble with credit or creditors
Employees spend up to half their day dealing with financial matters, according to one survey. And while no one wants to deal with debt collectors, having a lawyer or legal expert in your corner to handle negotiations can ease employees' worry and leave them free to focus on their job.
5. Death of an immediate family member
Dealing with your own estate planning is key, Healy says, but once you have access to a legal plan, it can help tremendously with those who didn't leave all their legal affairs in order. Theres no worse crisis than a death in the family, and having a legal safety net in place can make all the difference.
