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.

 



April 28, 2004
Legal Club Of America® To Offer A 6 Year Paid-Up Plan

February 12, 2004

Legal Club Adds A New Free Benefit To Its Family Legal Plan
 

 

Press Releases | Disclaimer | Privacy Policy | Contact Us
Part of the Legal Club Family: Legal Club of America | PeoplesChoice Benefits
Copyright © Legal Club of Canada. All Rights Reserved. Site design by 6thsensedesign.com