How to Cancel LegalShield

Subscription in Few Steps

LegalShield Refund Policy 

Your membership agreement and local legislation will sometimes determine LegalShield's return policy. If you decide to cancel your subscription within a specific time frame after signing up, you might be eligible for a refund. Review the terms of your agreement or contact LegalShield directly to inquire about refund eligibility and procedures.

How Much You Can Save After Canceling Your LegalShield Subscription?

After terminating your LegalShield subscription, the amount you can save will depend on your membership cost and service utilization frequency. The savings will change for each individual because LegalShield offers multiple plans with varying cost tiers.

Canceling your LegalShield subscription can lead to significant financial benefits. Depending on your plan and usage, you could save tens to hundreds of dollars annually. This extra money can be redirected towards other financial goals, such as debt clearance, emergency savings, or long-term investments. The choice is yours.

Where to Invest That Amount?

You should consider saving the money that will not be spent on the canceled LegalShield subscription at a later time. Hence, the value of your money will increase, and so will your wealth. A few investing possibilities to think about are:

• First, you should create or increase your emergency savings, which is the most important thing. Save three to six months' salary in a high-yield savings account as a buffer against unexpected emergencies. You can open a savings account using Beem, the Super App, which lets you earn up to 5.00% APY. Put your money to work and watch it grow!

• Save as much of your income as possible in a retirement account (for example, IRA, 401(k), etc. ). Tax-advantaged accounts designed for long-term development can better protect your financial future.

• The stock market is a perfect place to begin one's investment journey if one is interested in investing in stocks, index funds, or ETFs via a brokerage. D is a means to reduce high investment risk and increase long-term profits, which is the diversification of the holding.

• If you are so-and-so and you want to earn extra cash or see your investment grow, you can look into real estate investment trusts (REITs) or rental properties.

To invest in your or your children's education, contribute to college savings accounts, such as a 529 plan or Coverdell Education Savings Account (ESA).

Alternatives to LegalShield

Consider a few options if you still require legal representation after terminating your LegalShield subscription. Rest assured, there are numerous alternatives available:

Traditional Law Firms 

Firms that focus on the traditional legal model allow you to retain the services of an attorney on an as-needed basis. This choice offers individualized legal counsel for some cases, but it comes at a higher price than a subscription service.

Legal Insurance Plans 

Look into alternative legal insurance companies that offer services similar to LegalShield. Compare choices to locate the optimal plan, coverage, and price.

Online Legal Services 

Compared to traditional legal services, online platforms that include document preparation, legal assistance, and other resources can save you a lot of money.

Legal Aid Organizations 

Organizations like Beem or pro bono legal clinics can be great resources for low-income individuals eligible for pro bono or reduced-cost legal services.

Conclusion

If you're ready to take steps toward financial security and advancement, canceling your LegalShield subscription is a significant first step. Making educated decisions that suit your circumstances is crucial, whether saving for emergencies, investing for the future, or looking for alternative legal assistance. Beem and similar new financial services can make legal representation accessible and cheap for those with low economic resources. If you are facing financial difficulties due to legal issues, Beem can contact pro bono legal clinics and legal aid groups to get the help you need without going into debt. This can bring relief and control over your legal and financial situation.