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HomeRecruitment GuideGlossary Terms A-ZPrepaid Group Legal Plan
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Prepaid Group Legal Plan

A prepaid group legal plan is a form of legal insurance where a business pays a set amount, and they essentially get a lawyer or team of lawyers on retainer. It works basically like a health insurance plan where you pay a given amount per month or year, and you get specific services at any time. This type of plan is generally offered and recommended to department stores, labor unions and other employers who could benefit from having legal assistance readily at hand. One benefit of acquiring such a plan is that it eliminates the need to look for a lawyer any time you require legal help.

Related Terms

  • Employee Benefit Plans
  • Legal Disclaimer

    The content on our website is only meant to provide general information and is not legal advice. We make our best efforts to make sure the information is accurate, but we cannot guarantee it. Do not rely on the content as legal advice. For assistance with legal problems or for a legal inquiry please contact you attorney.

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