What
is the premium amount?
The monthly premium for membership in Preferred
Legal Plan is $9.95, which translates to $4.98
semi-monthly, $4.60 bi-weekly or $2.30 weekly.
Will the premium amount / costs under the
plan ever increase?
Preferred Legal Plan will guarantee
no premium / cost increases for as long as
the company desires such a guarantee. Preferred
Legal Plan has no plans to increase its premiums.
Is
there a minimum employee participation requirement?
No.
Is
there a minimum subscription period required?
No. Preferred Legal Plan is a month-to-month
membership.
What
types of legal issues are covered?
All personal legal issues are covered. Employment
or job related issues are explicitly NOT covered.
Personal legal issues include divorce, child
custody and support, paternity, adoption,
domestic violence, civil litigation, guardianship,
bankruptcy, name change, criminal defense,
expungement, traffic tickets, DUI, wills,
living trusts, probate, real estate, landlord-tenant
disputes, immigration, credit report issues,
personal injury and more.
How
is an employee enrollment handled?
The enrollment process can be structured in
any way to meet the needs and specifications
of the company. Company representatives could
deal directly with the Preferred Legal Plan
owners to structure the enrollment accordingly.
Effective enrollment methods include group
style presentations, smaller group question
and answer, one-on-one meetings and employee
mail-outs.
What
are the company’s responsibilities in
administering the plan?
The only responsibilities expected of the
company would be to maintain the payroll deduction
process and remit payment to Preferred Legal
Plan on a timely basis. Additionally, of course,
Preferred Legal Plan would need to be notified
of employee cancellations/terminations from
coverage.
How
is the monthly billing handled?
Preferred Legal Plan can furnish a monthly
bill, including an itemized listing of each
employee by name and social security number
who is covered for the particular month and
an invoice indicating the total amount due.
This billing is sent on the 15th of a particular
month, payable by the end of the month for
that month. Thus, actual deductions are already
“in hand’ when payment is due.
How
can the company terminate an arrangement with
Preferred Legal Plan?
Generally, Preferred Legal Plan does not enter
into any written contractual arrangement with
the company. Thus, the company may terminate
an existing arrangement at any time simply
by notifying the Preferred Legal Plan of its
desire to do so. Reasonable notice (i.e. seven
[7] days) would be expected.
Does
the Preferred Legal Plan possess all in-force
registrations, permits and licenses required
to provide services?
Yes. Preferred Legal Plan is fully licensed,
bonded and regulated by the Florida Department
of Insurance.
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