Divorce Insurance– A Sad Reminder of Marriage Odds
By Michelle A. Vu|Christian Post Reporter
People buy insurance to financially protect themselves against undesirable events – house fire, health problems. But now people can “protect” themselves against a marriage gone wrong.
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With only a 50 percent chance that a first marriage will last in the United States, some people are buying into the idea that they need divorce insurance. The idea became reality in August when John Logan, a man who suffered great financial loss after a divorce, launched WedLockDivorceInsurance.com.
For as little as $16 a month for every $1,250 coverage, policyholders can cash into the divorce coverage after four years if the unfortunate but not unforeseen happens.
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