Comparison Chart
Pre-Paid Legal Defense vs. Insurance
While some have compared Pre-Paid Legal Defense program (PPLD) to insurance, in reality, it is the complete antithesis of insurance. Here are some key differences between Pre-Paid Legal Defense and insurance.
| PPLD | Insurance | |
|---|---|---|
| Annual price increases | No | Yes |
Higher rate prior claims | No | Yes |
| Maximum annual rate increase | 5% | Unlimited |
| Covers corporate entities | Yes | No |
Covers staff members | Yes | No |
| Client has full settlement authority | Yes | No |
| Client hires attorney directly | Yes | No |