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Thursday, June 3, 2010

Legal insurance plan thru employer?

Many employer provide legal insurance plan and that is worth taking with a small monthly or biweekly fee they cover a lot. You may want to check to the dates legal plan is covered. The catch most of the time is that this legal plan is set to auto renewal every year. So in case you do not want to carry on with that legal plan that will keep on renewing every year.
My view is to enroll into legal insurance plan at least once and  utilize it to full at the earliest and then cancel it before next open enrollment if you do not want to continue. Normally legal plan covers Will and if you do not have one then just preparing WILL will pay for your legal insurance plan itself. Other features are a bonus if you use them.
You get to try what you use in a year. If you do not like legal insurance plan thru your employer, make sure to cancel that during next open enrollment.
Have you tried legal insurance plan and what is your opinion on this?

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