LEG A L
Compelling Facts You Should Know About
legal benefits And why employees need protection By Tim Weber While legal issues are not exactly top-of-mind for employees day in and day out, unexpected legal-related matters can impact them at virtually any time in their lives. In fact, our research shows 85% of people have experienced at least one legal event in the past three years. (https://web.araglegal.com/stress). And employer interest in providing legal benefits continues to grow: currently, 62% of the Fortune 500 and 81% of Fortune 100 offer some type of legal plan to their workforce. But how a legal benefit works, what it actually covers and how it’s designed to help people face legal and financial matters remain a mystery to some. Here are five compelling facts about legal plans your clients should know as they consider whether it can add value to their existing benefit lineups. Or, for those who are taking another look at their current legal plan, to help them see if it’s still measuring up to employees’ needs. 42 | CALIFORNIA BROKER
CalBrokerMag.com
JANUARY 2024
