SlideShare a Scribd company logo
LEGALSHIELD BUSINESS SOLUTIONS
SALES OPPORTUNITY BRIEFING
USA – LICENSED INSURANCE AGENTS
2
1. WHO we are
2. WHAT we sell and WHO buys it
3. WHY you should consider selling LegalShield
4. WHAT the LegalShield opportunity can mean for you
AGENDA
3
40+ YEARS IN BUSINESS
OVER 3.7MILLION LIVES
4
1.7MILLION LIVES
5
SPECIALIZED FOCUS ON B2B ACCOUNTS
• 70,000 Business Accounts
• Voluntary Benefit
• Small Business
• Independent Sales Associates
• Insurance Agencies
• Benefit Brokers
6
7
SPECIALIZED FOCUS ON B2B ACCOUNTS
8
LICENSED INSURANCE
AGENTS
99
• Traffic-related issues
• Estate planning
• Contract Review
• Legal advice on unlimited number of
personal issues
Group plans start at $14.95/month
Exclusions and limitations apply. Services and benefits vary by state/province. See
www.legalshield.com/fullplandetails and select your state/province for specifics.
Please review plan details for complete terms, conditions and exclusions before purchase.
LEGAL PLANS
1010
• Comprehensive identity monitoring
• Credit monitoring and alerts
• Identity theft prevention consultation
• Licensed Private Investigators
• Identity restoration to pre-theft status
Group plans start at $8.45/month
Exclusions and limitations apply. Services and benefits vary in US/Canada. See
www.idshield.com/plans-and-pricing for specifics. Please review plan details for complete terms,
conditions and exclusions before purchase.
IDSHIELD
1111
• Consultation on day-to-day matters
• Debt collection and vendor disputes
• Contract Review
• Worker’s compensation issues
• Employee hiring and firing
Starts at $39/month
Exclusions and limitations apply. Services and benefits vary by state/province. See
www.legalshield.com/business/plans-and-pricing and select your state/province for specifics.
Please review plan details for complete terms, conditions and exclusions before purchase.
SMALL BUSINESS PLANS
12
• Nationwide system of dedicated
law firms
• Quality Assurance
• Service level monitoring of law
firm performance
DEFINITIVELY DIFFERENT
13
• Highest identity theft service
guarantee available
• Identity theft services conducted by
licensed private investigators
• 24/7 emergency hotline for covered
legal and ID theft issues
• Easy access via mobile app
DEFINITIVELY DIFFERENT
14
• Nearly 90% of Americans say they do
not have any form of legal insurance
or legal protection service
• More than 60% reported they would
be interested in purchasing legal
protection
• Identity theft has topped the FTC
ranking of complaints for 15 years
Legal Source: The Legal Needs of American Families. A Research Study Conducted
by Decision Analyst, Inc. Commissioned by LegalShield
ID Theft source: CNN Money. “Identity Fraud Hits New Victim Every Two Seconds.”
Ellis, Blake. 2014. (http://money.cnn.com/2014/02/06/pf/identity-fraud/)
14
THE NEED
15
LEGALSHIELD BROKER/AGENT CONTRACT REQUIREMENTS
• Agents must hold an active
insurance license
• Cover a minimum of 500 lives*
• Selling Agent must be licensed to
sell LegalShield in the state where
the benefit or plan is sold if required
*For Brokers with less than 500 lives, please see the
Commission Sales compensation plan
16
LEVEL COMPENSATION PLAN 16%
First year and renewal commissions represented. First year commissions are paid as a percentage of the membership fee, ranging from 12% to
16%. This program provides an additional 2.6% to 3.4% bonus commission for reaching 1,000 active members and maintaining at least 750 active
members at all times. In the level compensation plan, renewals are paid at the same rate as in the first year.
*Reach 1000 active members and maintain a minimum of 750 active members.
17
ADVANCED COMPENSATION PLAN 48%
LegalShield gives brokers and agents the option to earn advanced commissions the first year of the agreement. This program provides
higher first-year commissions to offset introductory costs and provide incentives for producers. LegalShield also provides the opportunity for
the broker or agent to appoint other brokers/agents and earn production bonuses.
Renewal commissions are variable based on overall member retention rates.
18
ADVANCED COMPENSATION PLAN CASE STUDY
Illustrative example only. LegalShield gives brokers and agents the option to earn advanced commissions the first year of the agreement.
This program provides higher first-year commissions to offset introductory costs and provide incentives for producers.
An Agent sells 500 Legal +
IDShield memberships
At $33.90/mth,
First year commissions would be
$135,000.
19
RESIDUAL INCOME—ADVANCED COMMISSION PLAN
• Rates range from 2.3% to 21.26%
• Earned after first 12 months of
membership
• Varies based on Commission Level
at time of sale and Monthly Retention
Rate of all memberships sold in that
calendar month
• Month after month, year after year,
for the life of the membership
• Residual income offsets any debit
balance
19Refer to Commission plan for detailed description
2020
• Quick access to revenue and commission reporting
• Marketing support
• Enrollment support
 On-site enrollers available
 Electronic, paper, web enrollment
 Ongoing enrollment support
 Informational web sites for clients
 Electronic, paper and self-bill options
• Agent product training
20
AGENT SUPPORT
21
WHY OFFER LEGALSHIELD?
• Industry-leading products
• Established company
• High customer satisfaction ratings
• Comprehensive onboarding for
new agents
• Generous compensation plans
• No sales quotas or territory restrictions
22
WHY OFFER LEGALSHIELD?
• AOR changes do not impact
renewal commission on existing
memberships
• Guaranteed issue
• Simple administration
• Deepen client relationships
2323
GET STARTED TODAY!
Someone is going to sell your clients
legal and identity theft protection
products.
Will it be You?
 Contact your LegalShield
Independent Associate,
 Or, visit business.legalshield.com
24
THANK YOU
LegalShield
The information contained in this material is for illustrative purposes only and is not a
contract. It is intended to provide a general overview of the legal plan benefits,
identity protection benefits and commission opportunities. Please remember that only
the plan contract can give actual terms, coverage, amounts, conditions, and
exclusions. Check benefit availability in your state/province.
Marketed by Pre-Paid Legal Services, Inc. dba LegalShield or applicable subsidiary:
Pre-Paid Legal CasualtySM, Inc.
In Florida: Pre-Paid Legal Services, Inc., of Florida
In Virginia: Legal Service Plans of Virginia, Inc.
Pre-Paid Legal Access, Inc.
PPL Legal Care of Canada, Inc.
©2016 LegalShield, Inc.
25

More Related Content

What's hot

FinSer Press Release
FinSer Press ReleaseFinSer Press Release
FinSer Press ReleaseJoe Moore
 
LegalShield Small Business Plans
LegalShield Small Business PlansLegalShield Small Business Plans
LegalShield Small Business Plans
LegalShield Independent Associate-Leland Burton
 
Broker presentation1 13 2
Broker presentation1 13 2Broker presentation1 13 2
Broker presentation1 13 2
Cheryl Miller
 
QPWB Brochure Presentation
QPWB Brochure PresentationQPWB Brochure Presentation
QPWB Brochure PresentationMike Barker
 
Webinar on benefits of incorprating of small business loans
Webinar on benefits of incorprating of small business loansWebinar on benefits of incorprating of small business loans
Webinar on benefits of incorprating of small business loansBiz2Credit
 
Protecting Fiduciaries: ERISA Insurance, Bonding, and More
Protecting Fiduciaries: ERISA Insurance, Bonding, and MoreProtecting Fiduciaries: ERISA Insurance, Bonding, and More
Protecting Fiduciaries: ERISA Insurance, Bonding, and More
Carol Buckmann
 
$26 Canadian plan
$26 Canadian plan$26 Canadian plan
$26 Canadian planScott Jones
 
Procurement Opportunities for Veteran-Owned Businesses
Procurement Opportunities for Veteran-Owned BusinessesProcurement Opportunities for Veteran-Owned Businesses
Procurement Opportunities for Veteran-Owned Businesses
Timothy Lee
 
Legal Shield Canada
Legal Shield CanadaLegal Shield Canada
Legal Shield Canada
tlmarket
 
Emploment law issues for the gig economy
Emploment law issues for the gig economyEmploment law issues for the gig economy
Emploment law issues for the gig economy
Roger Royse
 
Understanding city-state-requirements-comfy tree-cannabis-license-training
Understanding city-state-requirements-comfy tree-cannabis-license-trainingUnderstanding city-state-requirements-comfy tree-cannabis-license-training
Understanding city-state-requirements-comfy tree-cannabis-license-training
Elizabeth Seda
 
Privacy, Policy, and Encryption
Privacy, Policy, and EncryptionPrivacy, Policy, and Encryption
Privacy, Policy, and Encryption
accessnowinc
 
M&A Broker Exemption
M&A Broker ExemptionM&A Broker Exemption
M&A Broker Exemption
Laura Anthony, Esq.
 
Negotiating vendor contracts
Negotiating vendor contractsNegotiating vendor contracts
Negotiating vendor contractsbobweil
 
6. sba 8(a)-sdb-hubzone
6. sba 8(a)-sdb-hubzone6. sba 8(a)-sdb-hubzone
6. sba 8(a)-sdb-hubzoneColorado PTAC
 
Jumpstart Our Business Startups (JOBS) Act, 10-30-13
Jumpstart Our Business Startups (JOBS) Act, 10-30-13Jumpstart Our Business Startups (JOBS) Act, 10-30-13
Jumpstart Our Business Startups (JOBS) Act, 10-30-13
Brown Smith Wallace
 
FEI Presentation. Top Mistakes Financial Executives Make
FEI Presentation. Top Mistakes Financial Executives Make FEI Presentation. Top Mistakes Financial Executives Make
FEI Presentation. Top Mistakes Financial Executives Make
Roger Royse
 
Corporate Compliance Overview
Corporate Compliance OverviewCorporate Compliance Overview
Corporate Compliance Overview
Sam Carr
 

What's hot (18)

FinSer Press Release
FinSer Press ReleaseFinSer Press Release
FinSer Press Release
 
LegalShield Small Business Plans
LegalShield Small Business PlansLegalShield Small Business Plans
LegalShield Small Business Plans
 
Broker presentation1 13 2
Broker presentation1 13 2Broker presentation1 13 2
Broker presentation1 13 2
 
QPWB Brochure Presentation
QPWB Brochure PresentationQPWB Brochure Presentation
QPWB Brochure Presentation
 
Webinar on benefits of incorprating of small business loans
Webinar on benefits of incorprating of small business loansWebinar on benefits of incorprating of small business loans
Webinar on benefits of incorprating of small business loans
 
Protecting Fiduciaries: ERISA Insurance, Bonding, and More
Protecting Fiduciaries: ERISA Insurance, Bonding, and MoreProtecting Fiduciaries: ERISA Insurance, Bonding, and More
Protecting Fiduciaries: ERISA Insurance, Bonding, and More
 
$26 Canadian plan
$26 Canadian plan$26 Canadian plan
$26 Canadian plan
 
Procurement Opportunities for Veteran-Owned Businesses
Procurement Opportunities for Veteran-Owned BusinessesProcurement Opportunities for Veteran-Owned Businesses
Procurement Opportunities for Veteran-Owned Businesses
 
Legal Shield Canada
Legal Shield CanadaLegal Shield Canada
Legal Shield Canada
 
Emploment law issues for the gig economy
Emploment law issues for the gig economyEmploment law issues for the gig economy
Emploment law issues for the gig economy
 
Understanding city-state-requirements-comfy tree-cannabis-license-training
Understanding city-state-requirements-comfy tree-cannabis-license-trainingUnderstanding city-state-requirements-comfy tree-cannabis-license-training
Understanding city-state-requirements-comfy tree-cannabis-license-training
 
Privacy, Policy, and Encryption
Privacy, Policy, and EncryptionPrivacy, Policy, and Encryption
Privacy, Policy, and Encryption
 
M&A Broker Exemption
M&A Broker ExemptionM&A Broker Exemption
M&A Broker Exemption
 
Negotiating vendor contracts
Negotiating vendor contractsNegotiating vendor contracts
Negotiating vendor contracts
 
6. sba 8(a)-sdb-hubzone
6. sba 8(a)-sdb-hubzone6. sba 8(a)-sdb-hubzone
6. sba 8(a)-sdb-hubzone
 
Jumpstart Our Business Startups (JOBS) Act, 10-30-13
Jumpstart Our Business Startups (JOBS) Act, 10-30-13Jumpstart Our Business Startups (JOBS) Act, 10-30-13
Jumpstart Our Business Startups (JOBS) Act, 10-30-13
 
FEI Presentation. Top Mistakes Financial Executives Make
FEI Presentation. Top Mistakes Financial Executives Make FEI Presentation. Top Mistakes Financial Executives Make
FEI Presentation. Top Mistakes Financial Executives Make
 
Corporate Compliance Overview
Corporate Compliance OverviewCorporate Compliance Overview
Corporate Compliance Overview
 

Similar to Briefing_for_licensed_insurance_agent 951-677-6070

Direct Selling Recruiting Presentation
Direct Selling Recruiting PresentationDirect Selling Recruiting Presentation
Direct Selling Recruiting Presentation
Erin Stubing
 
LegalShield ID Shield Personal Growth
LegalShield ID Shield Personal GrowthLegalShield ID Shield Personal Growth
LegalShield ID Shield Personal Growth
Jeff Martinez
 
Veteran appreciation briefing (29.90 plan most states)
Veteran appreciation briefing (29.90 plan   most states)Veteran appreciation briefing (29.90 plan   most states)
Veteran appreciation briefing (29.90 plan most states)
Kwame Scott
 
Broker Recruiting Brochure
Broker Recruiting BrochureBroker Recruiting Brochure
Broker Recruiting BrochureCheryl Miller
 
Business Solutions Briefing NY
Business Solutions Briefing NYBusiness Solutions Briefing NY
Business Solutions Briefing NY
Lynette Johnson
 
LS At a Glance
LS At a GlanceLS At a Glance
LS At a GlanceTim Walker
 
Legal Shield at a Glance
Legal Shield at a GlanceLegal Shield at a Glance
Legal Shield at a GlanceTodd Muffoletto
 
Portfolio of Services-54029
Portfolio of Services-54029Portfolio of Services-54029
Portfolio of Services-54029Catherine Pruitt
 
Portfolio of Services
Portfolio of ServicesPortfolio of Services
LegalShield_ID_Shield_presentation_October_6_2015
LegalShield_ID_Shield_presentation_October_6_2015LegalShield_ID_Shield_presentation_October_6_2015
LegalShield_ID_Shield_presentation_October_6_2015Angela C Valentino
 
BriefingPresentation_USA_032016_v1
BriefingPresentation_USA_032016_v1BriefingPresentation_USA_032016_v1
BriefingPresentation_USA_032016_v1Deulsenia Jones
 
Briefing presentation usa_032016_v1
Briefing presentation usa_032016_v1Briefing presentation usa_032016_v1
Briefing presentation usa_032016_v1
Mark McKenzie
 
LegalShield Personal Growth
LegalShield Personal GrowthLegalShield Personal Growth
LegalShield Personal Growth
Todd Daehnert
 
BriefingPresentation_USA_english
BriefingPresentation_USA_englishBriefingPresentation_USA_english
BriefingPresentation_USA_englishDenisse Ortiz
 
54b5d30d c9b9-47f8-93db-5699c9d530c8-160209200647 (4)
54b5d30d c9b9-47f8-93db-5699c9d530c8-160209200647 (4)54b5d30d c9b9-47f8-93db-5699c9d530c8-160209200647 (4)
54b5d30d c9b9-47f8-93db-5699c9d530c8-160209200647 (4)
Mr. Raymond Hays
 
BriefingPresentation_USA_v34
BriefingPresentation_USA_v34BriefingPresentation_USA_v34
BriefingPresentation_USA_v34Hollis Lopez
 
Legalshield Business Solutions (Formerly Pre Paid Legal)
Legalshield Business Solutions (Formerly Pre Paid Legal)Legalshield Business Solutions (Formerly Pre Paid Legal)
Legalshield Business Solutions (Formerly Pre Paid Legal)
Daedalus294
 
BriefingPresentation_NY_032016_v1 (15)
BriefingPresentation_NY_032016_v1 (15)BriefingPresentation_NY_032016_v1 (15)
BriefingPresentation_NY_032016_v1 (15)Rohan Brooks
 
LegalShield Business Opportunity Briefing
LegalShield Business Opportunity BriefingLegalShield Business Opportunity Briefing
LegalShield Business Opportunity Briefing
LegalShield Independent Associate-Leland Burton
 

Similar to Briefing_for_licensed_insurance_agent 951-677-6070 (20)

Direct Selling Recruiting Presentation
Direct Selling Recruiting PresentationDirect Selling Recruiting Presentation
Direct Selling Recruiting Presentation
 
LegalShield ID Shield Personal Growth
LegalShield ID Shield Personal GrowthLegalShield ID Shield Personal Growth
LegalShield ID Shield Personal Growth
 
Veteran appreciation briefing (29.90 plan most states)
Veteran appreciation briefing (29.90 plan   most states)Veteran appreciation briefing (29.90 plan   most states)
Veteran appreciation briefing (29.90 plan most states)
 
Broker Recruiting Brochure
Broker Recruiting BrochureBroker Recruiting Brochure
Broker Recruiting Brochure
 
Business Solutions Briefing NY
Business Solutions Briefing NYBusiness Solutions Briefing NY
Business Solutions Briefing NY
 
LS At a Glance
LS At a GlanceLS At a Glance
LS At a Glance
 
Legal Shield at a Glance
Legal Shield at a GlanceLegal Shield at a Glance
Legal Shield at a Glance
 
Portfolio of Services-54029
Portfolio of Services-54029Portfolio of Services-54029
Portfolio of Services-54029
 
Portfolio of Services
Portfolio of ServicesPortfolio of Services
Portfolio of Services
 
LegalShield_ID_Shield_presentation_October_6_2015
LegalShield_ID_Shield_presentation_October_6_2015LegalShield_ID_Shield_presentation_October_6_2015
LegalShield_ID_Shield_presentation_October_6_2015
 
BriefingPresentation_USA_032016_v1
BriefingPresentation_USA_032016_v1BriefingPresentation_USA_032016_v1
BriefingPresentation_USA_032016_v1
 
Briefing presentation usa_032016_v1
Briefing presentation usa_032016_v1Briefing presentation usa_032016_v1
Briefing presentation usa_032016_v1
 
LegalShield Personal Growth
LegalShield Personal GrowthLegalShield Personal Growth
LegalShield Personal Growth
 
BriefingPresentation_USA_english
BriefingPresentation_USA_englishBriefingPresentation_USA_english
BriefingPresentation_USA_english
 
54b5d30d c9b9-47f8-93db-5699c9d530c8-160209200647 (4)
54b5d30d c9b9-47f8-93db-5699c9d530c8-160209200647 (4)54b5d30d c9b9-47f8-93db-5699c9d530c8-160209200647 (4)
54b5d30d c9b9-47f8-93db-5699c9d530c8-160209200647 (4)
 
BriefingPresentation_USA_v34
BriefingPresentation_USA_v34BriefingPresentation_USA_v34
BriefingPresentation_USA_v34
 
Legalshield Business Solutions (Formerly Pre Paid Legal)
Legalshield Business Solutions (Formerly Pre Paid Legal)Legalshield Business Solutions (Formerly Pre Paid Legal)
Legalshield Business Solutions (Formerly Pre Paid Legal)
 
B2B Briefing US
B2B Briefing USB2B Briefing US
B2B Briefing US
 
BriefingPresentation_NY_032016_v1 (15)
BriefingPresentation_NY_032016_v1 (15)BriefingPresentation_NY_032016_v1 (15)
BriefingPresentation_NY_032016_v1 (15)
 
LegalShield Business Opportunity Briefing
LegalShield Business Opportunity BriefingLegalShield Business Opportunity Briefing
LegalShield Business Opportunity Briefing
 

Recently uploaded

AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROAI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
VWO
 
FullSail: HOF - Presentation Phil Pallen
FullSail: HOF - Presentation Phil PallenFullSail: HOF - Presentation Phil Pallen
FullSail: HOF - Presentation Phil Pallen
travisomalana
 
Digital Money Maker Club – von Gunnar Kessler digital.
Digital Money Maker Club – von Gunnar Kessler digital.Digital Money Maker Club – von Gunnar Kessler digital.
Digital Money Maker Club – von Gunnar Kessler digital.
focsh890
 
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_VersionThe_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
AmirYakdi
 
Adapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLCAdapt or Die - Jon Lakefish, Lakefish Group LLC
Coca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing planCoca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing plan
Maswer Ali
 
May 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group SessionMay 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group Session
Vbout.com
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive EdgeDigital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Marketing Management Notes Philip Kotler
Marketing Management Notes Philip KotlerMarketing Management Notes Philip Kotler
Marketing Management Notes Philip Kotler
LaveenaShanker
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Auxis Consulting & Outsourcing
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
Andy Lambert
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
The What, Why & How of 3D and AR in Digital Commerce
The What, Why & How of 3D and AR in Digital CommerceThe What, Why & How of 3D and AR in Digital Commerce
The What, Why & How of 3D and AR in Digital Commerce
PushON Ltd
 
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Valters Lauzums
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
DeepakTripathi733493
 
A Guide to UK Top Search Engine Optimization
A Guide to UK Top Search Engine OptimizationA Guide to UK Top Search Engine Optimization
A Guide to UK Top Search Engine Optimization
Brand Highlighters
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BalmerLawrie
 

Recently uploaded (20)

AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CROAI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
AI-Powered Personalization: Principles, Use Cases, and Its Impact on CRO
 
FullSail: HOF - Presentation Phil Pallen
FullSail: HOF - Presentation Phil PallenFullSail: HOF - Presentation Phil Pallen
FullSail: HOF - Presentation Phil Pallen
 
Digital Money Maker Club – von Gunnar Kessler digital.
Digital Money Maker Club – von Gunnar Kessler digital.Digital Money Maker Club – von Gunnar Kessler digital.
Digital Money Maker Club – von Gunnar Kessler digital.
 
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_VersionThe_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
The_Canvas_of_Creative_Mastery_Newsletter_May_2024_Version
 
Adapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLCAdapt or Die - Jon Lakefish, Lakefish Group LLC
Adapt or Die - Jon Lakefish, Lakefish Group LLC
 
Coca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing planCoca Cola Branding Strategy and strategic marketing plan
Coca Cola Branding Strategy and strategic marketing plan
 
May 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group SessionMay 2024 - VBOUT Partners Meeting Group Session
May 2024 - VBOUT Partners Meeting Group Session
 
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny LeibrandtThe New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
The New Era Of SEO - How AI Has Changed SEO Forever - Danny Leibrandt
 
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive EdgeDigital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
Digital Marketing Trends - Experts Insights on How to Gain a Competitive Edge
 
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
Unknown to Unforgettable - The Art and Science to Being Irresistible on Camer...
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
Marketing Management Notes Philip Kotler
Marketing Management Notes Philip KotlerMarketing Management Notes Philip Kotler
Marketing Management Notes Philip Kotler
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
 
Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024Monthly Social Media News Update May 2024
Monthly Social Media News Update May 2024
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on How
 
The What, Why & How of 3D and AR in Digital Commerce
The What, Why & How of 3D and AR in Digital CommerceThe What, Why & How of 3D and AR in Digital Commerce
The What, Why & How of 3D and AR in Digital Commerce
 
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...
 
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
34-Rahul-Mande.pdf PROJECT REPORT MBA 4TH SEMESTER
 
A Guide to UK Top Search Engine Optimization
A Guide to UK Top Search Engine OptimizationA Guide to UK Top Search Engine Optimization
A Guide to UK Top Search Engine Optimization
 
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly BulletinBLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_May2024. Balmer Lawrie Online Monthly Bulletin
 

Briefing_for_licensed_insurance_agent 951-677-6070

  • 1. LEGALSHIELD BUSINESS SOLUTIONS SALES OPPORTUNITY BRIEFING USA – LICENSED INSURANCE AGENTS
  • 2. 2 1. WHO we are 2. WHAT we sell and WHO buys it 3. WHY you should consider selling LegalShield 4. WHAT the LegalShield opportunity can mean for you AGENDA
  • 3. 3 40+ YEARS IN BUSINESS OVER 3.7MILLION LIVES
  • 5. 5 SPECIALIZED FOCUS ON B2B ACCOUNTS • 70,000 Business Accounts • Voluntary Benefit • Small Business • Independent Sales Associates • Insurance Agencies • Benefit Brokers
  • 6. 6
  • 7. 7 SPECIALIZED FOCUS ON B2B ACCOUNTS
  • 9. 99 • Traffic-related issues • Estate planning • Contract Review • Legal advice on unlimited number of personal issues Group plans start at $14.95/month Exclusions and limitations apply. Services and benefits vary by state/province. See www.legalshield.com/fullplandetails and select your state/province for specifics. Please review plan details for complete terms, conditions and exclusions before purchase. LEGAL PLANS
  • 10. 1010 • Comprehensive identity monitoring • Credit monitoring and alerts • Identity theft prevention consultation • Licensed Private Investigators • Identity restoration to pre-theft status Group plans start at $8.45/month Exclusions and limitations apply. Services and benefits vary in US/Canada. See www.idshield.com/plans-and-pricing for specifics. Please review plan details for complete terms, conditions and exclusions before purchase. IDSHIELD
  • 11. 1111 • Consultation on day-to-day matters • Debt collection and vendor disputes • Contract Review • Worker’s compensation issues • Employee hiring and firing Starts at $39/month Exclusions and limitations apply. Services and benefits vary by state/province. See www.legalshield.com/business/plans-and-pricing and select your state/province for specifics. Please review plan details for complete terms, conditions and exclusions before purchase. SMALL BUSINESS PLANS
  • 12. 12 • Nationwide system of dedicated law firms • Quality Assurance • Service level monitoring of law firm performance DEFINITIVELY DIFFERENT
  • 13. 13 • Highest identity theft service guarantee available • Identity theft services conducted by licensed private investigators • 24/7 emergency hotline for covered legal and ID theft issues • Easy access via mobile app DEFINITIVELY DIFFERENT
  • 14. 14 • Nearly 90% of Americans say they do not have any form of legal insurance or legal protection service • More than 60% reported they would be interested in purchasing legal protection • Identity theft has topped the FTC ranking of complaints for 15 years Legal Source: The Legal Needs of American Families. A Research Study Conducted by Decision Analyst, Inc. Commissioned by LegalShield ID Theft source: CNN Money. “Identity Fraud Hits New Victim Every Two Seconds.” Ellis, Blake. 2014. (http://money.cnn.com/2014/02/06/pf/identity-fraud/) 14 THE NEED
  • 15. 15 LEGALSHIELD BROKER/AGENT CONTRACT REQUIREMENTS • Agents must hold an active insurance license • Cover a minimum of 500 lives* • Selling Agent must be licensed to sell LegalShield in the state where the benefit or plan is sold if required *For Brokers with less than 500 lives, please see the Commission Sales compensation plan
  • 16. 16 LEVEL COMPENSATION PLAN 16% First year and renewal commissions represented. First year commissions are paid as a percentage of the membership fee, ranging from 12% to 16%. This program provides an additional 2.6% to 3.4% bonus commission for reaching 1,000 active members and maintaining at least 750 active members at all times. In the level compensation plan, renewals are paid at the same rate as in the first year. *Reach 1000 active members and maintain a minimum of 750 active members.
  • 17. 17 ADVANCED COMPENSATION PLAN 48% LegalShield gives brokers and agents the option to earn advanced commissions the first year of the agreement. This program provides higher first-year commissions to offset introductory costs and provide incentives for producers. LegalShield also provides the opportunity for the broker or agent to appoint other brokers/agents and earn production bonuses. Renewal commissions are variable based on overall member retention rates.
  • 18. 18 ADVANCED COMPENSATION PLAN CASE STUDY Illustrative example only. LegalShield gives brokers and agents the option to earn advanced commissions the first year of the agreement. This program provides higher first-year commissions to offset introductory costs and provide incentives for producers. An Agent sells 500 Legal + IDShield memberships At $33.90/mth, First year commissions would be $135,000.
  • 19. 19 RESIDUAL INCOME—ADVANCED COMMISSION PLAN • Rates range from 2.3% to 21.26% • Earned after first 12 months of membership • Varies based on Commission Level at time of sale and Monthly Retention Rate of all memberships sold in that calendar month • Month after month, year after year, for the life of the membership • Residual income offsets any debit balance 19Refer to Commission plan for detailed description
  • 20. 2020 • Quick access to revenue and commission reporting • Marketing support • Enrollment support  On-site enrollers available  Electronic, paper, web enrollment  Ongoing enrollment support  Informational web sites for clients  Electronic, paper and self-bill options • Agent product training 20 AGENT SUPPORT
  • 21. 21 WHY OFFER LEGALSHIELD? • Industry-leading products • Established company • High customer satisfaction ratings • Comprehensive onboarding for new agents • Generous compensation plans • No sales quotas or territory restrictions
  • 22. 22 WHY OFFER LEGALSHIELD? • AOR changes do not impact renewal commission on existing memberships • Guaranteed issue • Simple administration • Deepen client relationships
  • 23. 2323 GET STARTED TODAY! Someone is going to sell your clients legal and identity theft protection products. Will it be You?  Contact your LegalShield Independent Associate,  Or, visit business.legalshield.com
  • 24. 24 THANK YOU LegalShield The information contained in this material is for illustrative purposes only and is not a contract. It is intended to provide a general overview of the legal plan benefits, identity protection benefits and commission opportunities. Please remember that only the plan contract can give actual terms, coverage, amounts, conditions, and exclusions. Check benefit availability in your state/province. Marketed by Pre-Paid Legal Services, Inc. dba LegalShield or applicable subsidiary: Pre-Paid Legal CasualtySM, Inc. In Florida: Pre-Paid Legal Services, Inc., of Florida In Virginia: Legal Service Plans of Virginia, Inc. Pre-Paid Legal Access, Inc. PPL Legal Care of Canada, Inc. ©2016 LegalShield, Inc.
  • 25. 25

Editor's Notes

  1. Thank you for your interest in learning more about selling LegalShield Business Solutions voluntary benefits and business services.
  2. During this presentation, we will cover the following points: WHO is LegalShield WHAT do we sell and WHO buys it WHY you should consider selling LegalShield And lastly WHAT the LegalShield opportunity can mean for you.
  3. So, who is LegalShield? X Established in 1972, LegalShield pioneered the concept of making legal services available and affordable to individuals, families and small businesses by using the x “shared economy” approach. Lots of members pay a low monthly fee, which allows every member access to a qualified, experienced lawyer whenever they need one—even for just a quick question or consultation. No more worrying about high hourly rates. X Our Legal Plans cover more than 3.7 million lives
  4. For the past 16 years, we have provided peace of mind and comprehensive restoration to individuals and families through our identity theft protection service, IDShield. xIDShield covers more than 1.7 million lives.
  5. LegalShield Business Solutions serve more than 70,000 businesses. All sizes of businesses offer LegalShield and IDShield to their employees as a xvoluntary benefit. xSmall Businesses with 100 employees or less also benefit from a Legal Plan designed just for them. We sell our services as a voluntary benefit through X independent sales associates, X insurance agencies and X benefit brokers.
  6. Another important aspect of the LegalShield business model is our direct sales organization. Our direct sales force focuses on recruiting new sellers, as well as selling plans on a one-to-one basis to members who are not part of an employee group.
  7. Today, we are going to focus on opportunities within our business-to-business organization, LegalShield Business Solutions, and specifically to you as a Licensed Insurance Agent.
  8. LegalShield sells through thousands of licensed insurance agents across the US and Canada. Insurance Agents use LegalShield and IDShield to expand their product offering , helping them stay front and center with customers. We recognize how important your customers are. Let us help you be their trusted advisor by providing products that protect their families and their businesses.
  9. There are many reasons individuals and families should use a lawyer in their day to day lives. Some of the most common uses of the LegalShield plan include consultation on: X traffic related issues, X estate planning-- including your will, living will and health care power of attorney--, and X contract review. Additionally, members can call their provider firm for X legal advice on an unlimited number of personal issues! With LegalShield, members receive timely advice at a fraction of the cost of a lawyer’s hourly rate for covered services. X LegalShield group legal plans start at $15.95 per month.
  10. IDShield gives members comprehensive monitoring of many aspects of their identity, including: Social Security number, driver’s license, passport, credit cards, bank accounts and more. Similar to our legal plan, this benefit also provides unlimited consultation for identity theft prevention.In the event the member’s identity is compromised, a licensed private investigator will work to uncover evidence, restore the member’s identity, and clear the record back to its pre-theft status. IDShield Group Plans start at $8.45 a month
  11. Companies with 100 or fewer employees run their businesses more efficiently with our Small Business Legal plan. As part of the membership, business owners with up to 5 authorized users can access timely legal advice on everyday matters. Small Businesses appreciate that they can pick up the phone, call their provider firm, and ask questions without worrying about an outrageous bill at the end. Debt collection letters, vendor disputes, contract review and consultation on human resource matters such as worker’s compensation issues, and employee hiring and firing are just part of what’s covered. This gives small businesses legal tools they need to manage their finances and employees with confidence. LegalShield offers a suite of small business plans ranging from $39 to $149 per month
  12. What makes us different? LegalShield is unlike any other legal service plan provider. We are not a referral service nor a directory of lawyers. We take the guess work out of finding the right attorney to fit our members’ legal needs. Our members have access to an unmatched network of dedicated law firms in 49 states and four Canadian provinces, and through our collective purchasing power, we are these law firms’ biggest client. Our dedicated network of seasoned lawyers, with an average of 21 years experience, is carefully vetted and monitored to ensure quality, outstanding service is provided to our members. Our plans provide a wide spectrum of legal services to help our members traverse their legal needs, from the trivial to the traumatic.
  13. Our identity theft protection has a $5 million service guarantee—the highest guarantee available in the industry. In addition, our identity theft services and consultations are conducted by licensed private investigators. Our legal and identity theft services provide 24/7 emergency hotlines for covered issues. And, you can Use the apps for easy access to your Provider Law Firm and Licensed private investigator!
  14. You may wonder, is there a market for these services?. Studies show that Nearly 90% of Americans say they do not have any form of legal insurance or legal protection service. However, more than 60% reported they would be interested in purchasing legal protection. In addition, identity theft has topped the Federal Trade Commission ranking of complaints for 15 years. That means… a lot of opportunity!
  15. If you are interested in selling LegalShield through a broker/agent contract, please note the following requirements: Your organization must have producers who hold active insurance licenses and your brokerage or agency must cover at least 500 lives. Different states may require additional licensing to sell LegalShield. If this is the case in your area, you will be responsible for ensuring the selling agent has the appropriate license.
  16. You’re probably wondering what sort of commission and bonus options are available to brokers. There are two commission plans available to you. The first commission option is the Level compensation plan. Based on the number of lives within the group the broker earns a flat 16% or 12% commission for the first year and for renewals. By reaching 1000 members and maintaining 750 active members, Agents earn up to 19.4% or 14.6% for the life of the membership. Agents may also sell the Small Business legal plan to Businesses with 100 or fewer employees and can earn up to 14.8% commissions.
  17. The second option is the advanced compensation plan. Based on the number of lives in the group, commissions start at 48% or 36% for the first year, with volume bonuses that can raise the first year commission up to 66.4% or 49.8%. Small Business plans earn from 36.8% to 50.9%. This is a differential compensation plan. When you build your sales team, you earn differential commission on their production
  18. For example, if an agent on bonus tier 5 sells 500 LegalShield + IDShield plans at $33.90 per month to companies with under 2000 employees, the first year commissions would be $130,000. For more information on all of our contracting and compensation options, please contact your LegalShield representative.
  19. Residual income on the Advanced Commission option range from 2.3% to 21.26% and begins after the 12th month of membership This variable component is based on member retention rates and the commission level at the time of the sale Residuals continue as long as the membership is active Residual income will first offset any debit balance accumulated from the advanced commission plan.
  20. To support our agent partners, LegalShield has created an extensive support organization. Our on-line portal gives you quick access to revenue and commission reporting, as well as marketing materials and other marketing support. For voluntary benefit selling, we have on-site enrollers available, electronic, paper and web enrollment options, as well as ongoing enrollment support. Including informational web sites for clients, and electronic, paper and self-bill options In addition, we offer product training for selling both individual lives as well as voluntary benefits. .
  21. What are the benefits of selling LegalShield voluntary benefits? First of all, you have the satisfaction of providing industry leading products that fill an important need –equal access to justice and identity theft protection.. And, the confidence that those services come from an established company with high customer satisfaction ratings. When you join LegalShield, you’ll benefit from our proven onboarding system for new Agents. There are generous sales commission options with attractive residual income potential, and all with no sales quotas or territory restrictions.
  22. Unlike other insurance products, an Agent of Record change will not impact existing memberships. Those renewals stay with you for as long as the member is active! Legal and ID theft protection products are guaranteed issue, are easy to administer with enrollment support and flexible billing options. Most of all, LegalShield can help you deepen your client relationships, ensuring you continue to support your customers for years to come.
  23. Someone is going to sell your clients legal and identity theft protection products. The question is..Will it be You? If you are interested in adding LegalShield and IDShield to your portfolio,  Here are the next steps: If you already have a LegalShield representative meet with them to discuss your contract options and ask any questions you may have. If you don’t have a LegalShield representative , please send us an email at and we’ll contact you, or visit business.legalshield.com
  24. Thank You for your interest in LegalShield.