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Prepaid Legal Insurance

Prepaid legal insurance is a legal insurance policy that is paid in advance. It protects people from losses that can be incurred in the course of working with an attorney.

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Many businesses face lawsuits, even if they are diligent in their operations. A customer might, for instance, sue the company because they purchased a faulty product or a competitor might sue them claiming an infringement of their intellectual property rights. Prepaid legal insurance can help a business effectively deal with the legal costs associated with these lawsuits without having to pay for attorney's fees out of pocket.

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