Insurance Available for Divorce
In Atlanta, a new company by the name of WedLock is offering a payout to its policy holders. However, in order to get the payout, policy holders must have their marriages end in divorce.
The CEO of the company, John Logan, compared the organization's policies to car insurance and says that divorce insurance is just a financial safety net. He said, "For somebody on their second marriage this should be a no brainer. They've already been through it once. They realize they are going to lose their shirt and chances are this would make a lot of sense for them."
People who are interested in divorce insurance can buy their policies online. For $1,250 in coverage, they will spend $16 a month. According to Logan, purchasing a divorce insurance police is wise as the odds of getting a divorce, even in first time marriages, is 1 out of 3.
Logan says that his company, WedLockDivorceInsurance.com even offers a divorce probability calculator to those who are interested.
Going through a divorce in Long Island? Having a Long Island divorce attorney on your side can make a huge difference. Contact the Meyers Law Group today!