LEGALSHIELD PRESENTATION. Worry Less. Live More.

Transcription

1 LEGALSHIELD PRESENTATION Worry Less. Live More.

2 The Company Established 1972 Revenue approx. $450 million 3.5 million covered lives across U.S.A. and Canada 2.1 million requests for legal assistance annually 34,000 business accounts 650 employees based in Ada, Oklahoma including extensive in-house customer service representatives 2

3 LegalShield Is An Industry Leader Expert administration of Legal Protection and Identity Theft plans Our legal plan is the only one that offers 24/7, 365 access to attorneys in covered emergency situations No other legal plan offers our exclusive Provider Law Firm delivery system. We have a proprietary network of accomplished law firms* covering 49 states and Canada Our Identity Theft plan is the only one in the industry to offer full restoration services through licensed investigators. We offer this in conjunction with Kroll (the world leader in risk management) *versus a panel referral system 3

4 4 About Us

5 LegalShield Legal Protection Plan 4

6 Exceptional Service Proposition Each legal provider is organized to provide service for the membership in its state Fees are paid to the dedicated LegalShield law firm up front on a per capita basis (over $100m paid per annum) Calls accepted and serviced efficiently and effectively Service quality is guaranteed by LegalShield provider attorney QC systems (which includes real-time monitoring) 5

7 Exceptional Value Proposition From the trivial to the traumatic, you re in good hands Real Estate: Residential/Commercial real estate transactions, landlord/tenant issues, foreclosure and short sale questions Consumer Finance: Retail transactions for warranties, guarantees, and other contracts Family law: Divorce, child support, child custody, and child visitation Traffic Issues: Moving violations, traffic tickets and auto accidents Collections: Issues with third-party debt collectors When you have questions, your attorney has answers 6

8 Exceptional Value Proposition Personal Legal Advice Unlimited issues 24/7 Emergency Access for covered situations Letters/Calls made on your behalf Contracts/Documents reviewed up to 15 pages Online Legal Forms/Videos Lawyers Prepare Your Will, Living Will, Health Care Power of Attorney Traffic Related Issues Trial Defense Pre Trial Trial Family/Domestic Services Uncontested Divorce Uncontested Adoption Uncontested Separation/Annulment Uncontested Name Change IRS Audit Assistance 25% Preferred Member Discount* Up to 90% of member needs are covered by the plan with no additional fees. All other requests for service are entitled to a 25% discount to the law firms hourly rate (including pre-existing) 7

9 Who s covered The member The member s spouse Never married dependent children under age living at home Dependent children under age 18 for whom the member is legal guardian Full time college students up to age 26; 23; never married, dependent children Physically or mentally disabled challenged children living at home 9

10 Home Business Supplement Services Provided Business Legal Advice Unlimited issues Letters/Calls made on your behalf Contracts/Documents reviewed Up to 15 pages Debt Collection Letters Up to 3 per month Specialty Matters and Out of State Consultation Two 30 minute consultations per year IRS Audit Assistance includes Schedule C and E (attached to member's personal tax return) 25% Preferred Member Discount* Eligibility Must have the LegalShield Legal Plan Wholly owned and operated by member or member's spouse No employees other than immediate family members 10 * Up to 90% of member inquiries are covered by the plan with no additional fees. All other requests for service are entitled to a 25% discount to the law firm s hourly rate (including pre existing issues). Review the membership contract for your selected plan and state of residence for full details on benefits, limitations, exclusions.

11 Studies Suggest Legal Plans Provide Peace of Mind* Help mitigate financial issues. 42% of those who did not hire an attorney said it was because attorneys are too expensive 66% of those that hired an attorney through a legal plan said having an attorney lessened the amount of personal resources (time and money) spent to resolve their legal issue Reduce stress. Our services help with everyday life challenges. 70% of Americans have at least one new or ongoing legal issue each year Up to 90% of the doctor visits in the U.S. may be triggered by stress-related illnesses 70% of those who hired a group legal plan attorney reported having peace of mind in dealing with their legal situation Reduce absenteeism and increase presenteeism. 50% of those who did not hire an attorney took time off work to deal with their legal issue, compared to only 30% of those who hired an attorney through a legal plan 61% spent less time at work worrying about and dealing with their legal situation * Based on multiple studies including Harris Interactive 2011, Harris Interactive 2012 and Centers for Disease Control and Prevention in USA Today 8

12 LegalShield Plans with Optional Upgrades Our Plans 12

13 LegalShield Identity Theft Protection Plan 9

14 Did you know Almost one out of ten Americans were victims of identity theft in 2013, with losses totaling $24.7 billion. U.S. Department of Justice The revenue of Identity Theft has surpassed the revenue of drug trafficking. S Secret Service March 2007 B There was an increase of 30% over the total number of breaches tracked in 2012 The Identity Theft Resource Center R Every 3 seconds someone becomes a victim of Identity Theft. USA TODAY K B Identity theft is the #1 criminal concern for law enforcement over the next decade. USA TODAY 14 Identity theft is the number one consumer complaint 14 years in a row. Federal Trade Commission

15 Identity Theft Tops List for 14th Consecutive Year Complaints FTC Releases Top 10 Complaint Categories for 2013: S B R K B 15 Legalshieldsfdsfdf Legal shields

16 Identity Theft Dubbed The Year of the Healthcare Hack Over 99 Million compromised this year nationwide 90% experienced data breach in the past two years The fastest growing segment of identity theft victims is children under the age of five 16

17 Identity Theft... California 2014 There were 171,379 total fraud complaints 38,982 of them were for identity theft Both numbers were the highest among all states Ranked overall 7th amongst all states 17

18 What is Identity Theft? Identity theft is a form of stealing someone's identity in which someone pretends to be someone else usually as a method to gain access H to resources or obtain credit and other benefits in that person's name. What types of Identity Theft exist today? 83% Only 17%! Drivers License Social Security Medical Character/ Criminal Financial 5

19 Medical Identity Theft Thieves do the following IN YOUR NAME: obtain your health insurance ID or social security number to get health care your medical history and health care can include someone else s information. This can be life threatening! 19

20 FOX 5 Identity Theft Video

21 Social Security Identity Theft Thieves do the following IN YOUR NAME: gain employment and report income file false income tax returns file for social security benefits apply for Driver s license obtain medical care apply for credit 21

22 Driver s License Identity Theft Thieves do the following IN YOUR NAME: acquire a drivers license in your name or claim to be you during a traffic stop. receive traffic tickets, DWI, DUI, and other driving related charges suspend or revoke driving privileges This means you could be arrested during a routine traffic stop for crimes you didn t commit! 22

23 What happens without our service? 57% of victims had NEW ACCOUNTS opened in their name 62% had warrants issued for their arrest 82% found out through an adverse action Average victim spent hours to clean up the mess, 70% stated up to 12 months! Inability to clear Negative Records: 63% could not get their credit reports cleared 22% have their SSN tied to someone else s 19% had their fraud alerts ignored 23 *ITRC 2009 The Aftermath

24 Identity Theft *Review the membership brochure for certain requirements and exclusions **Services are performed upon member request

25 The Identity Theft Shield Difference Experience: Kroll has 40 years in the security and risk management business, with experience unmatched by any competitor LegalShield and Kroll partnered in 2003 to provide a leading identity theft protection product which accounts for over 85% of Kroll identity theft subscriptions Kroll s Investigators have thousands of hours of experience (the most in the industry) Service Beyond Credit Monitoring: Restoration: We are the only ones in the industry to offer full investigation and restoration services which is handled by the experts at Kroll Licensed Investigator: We provide one-on-one access to a Licensed Investigator to assist until identity theft issues are fully resolved Consultation: We communicate best practices and provide consultation services to all members, whether they ve experienced an identity theft event or not 12

26 In addition to the services provided by our plans, members may also receive special member discounts: Computer/Office Rental car Financial Cell Phone Services ServiceFinancial Services Auto Discounts Tra Apparel Travel 26

27 What s Right For You? At LegalShield it s simple, you choose which plans work best for you and your family: Your first month s payment will include a $10 enrollment fee. * When you purchase an Identity Theft Plan along with the Legal Plan you will receive the discounted rate as noted in the chart. 27

28 The opportunity is here... We have: unique and difficult to duplicate products little competition a suite of targeted products 28

29 Summary LegalShield legal protection plan and identity theft plan are unique, high differentiated service offerings. Currently servicing 3.5 million lives. Robust domestic back office systems with highly scalable capabilities. Were bringing a solution to the legal needs and Identity needs of your clients. 13

30 Action Steps: 1. Become a Member Fill out the application and use your membership. 2. Become Authorized Management has your paperwork. 3. Get Trained Complete Training online. 4. Get Your Sales Material Management has your materials. 5. Sell Your First Membership Then sell more. Contact Your LegalShield Expert for Assistance Arnum Wapples ArnumW@gmail.com 30

31 Worry Less. Live More. 14