

Legal
Club Of America® To Offer A 6 Year Paid-Up Plan
April 28th, 2004, Plantation, Florida, Legal Club
of America Corporation, (OTCBB: LEGL), announces
the launch of the first legal referral plan in the country
with a Paid-up provision.
Effective June 1, 2004, Legal Club of America, an industry
innovator and leader, will introduce the first and only
6 year paid-up legal referral program in the worksite market.
Legal Club of America members will be able to enroll in
the Family Legal Plan, pay six (6) years of premium and
then have lifetime membership to the Company’s legal
referral services. The Company expects to grandfather corporate
clients into the program, allowing employees currently
enrolled in the Company’s legal referral program
to receive credit towards the paid-up requirement. The
prerequisite to grandfathering current members is that
the corporate clients will be required to go through a
re-enrollment of their voluntary benefits before their
employees are granted credit toward this benefit.
“Our goal is to offer an improved voluntary benefit
to our corporate clients that allow them to incentivize
and retain qualified employees, while also increasing the
Company’s members and corporate clients’ retention
levels.” “We believe that this new program
will also benefit our agents by providing them with a product
that will allow them to create long-term relationships
with their employer groups. The six-year term of this program
gives them an opportunity to re-enroll over the years,
receive a continuous stream of recurring commission on
the product and enables them to introduce other new products
to their clients over the term.”, Says Carmen Mastrangelo,
National Sales Manager for Legal Club.
The Company spoke with many of its larger producers and
received an overwhelming amount of positive feed back and
critical input in the plan design. Terms and conditions
for this program will be posted on the Legal Club of America
web site and will be included in the plan member guidebook.
This paid-up plan is the only one of its kind in the country
and will set the Company apart from all of its competitors.
The Company is also working on a paid-up program for retirees
and will be announcing it in the very near future.
Legal Club of America® is a nationwide
leader in marketing products and services to employees
at the workplace. Legal Club of America has been successfully
marketing a nationwide discount legal referral program
for over seven years through an extensive network of independent
insurance agents and approximately 30 of the nation’s
leading providers of voluntary benefits. The program provides
individuals and small business owners with a variety of
free and deeply discounted legal services from a network
of over 20,000 qualified attorneys throughout all 50 states,
Puerto Rico, and the US Virgin Islands. More information
about the Company can be found at www.legalclub.com.
Legal Club of America operates PeoplesChoice®,
a wholly owned subsidiary that obtains agent of record
letters from employers that wish to make available voluntary
benefits to their employees. PeoplesChoice brokers this
business to its insurance carrier partners who in turn
award these cases to their independent general agents/enrollment
companies. More information about the PeoplesChoice voluntary
benefits program can be found at www.peopleschoicebenefits.com.
For more information contact:
Brett Merl – CEO
964 267 0920 ext. 104
Carmen Mastrangelo – National Accounts Manager
954 267 0920 ext 103
Forward-looking
statements in this press release are made pursuant
to the safe harbor provisions of Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements
are those introduced with phrases such as "plans to", "will", "is
expected to" and the like. Investors are cautioned
that statements in this press release that are not
strictly historical statements, including, without
limitation, statements regarding current or future
financial performance, management's plans and objectives
for future operations, management's assessment of market
factors, and statements regarding the Company's strategy
and plans, constitute forward-looking statements. These
forward-looking statements are not guarantees of the
Company's future performance and are subject to a number
of risks and uncertainties that could cause that the
Company's actual results in the future materially to
differ from the forward-looking statements.
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