The new 'perfect' wedding gift....

Friday, 8:47 am

By Cyn

Sep

24

2010

Just read an article about Divorce Insurance.  Darn, why didn’t I think of that!  The insurance is designed to provide financial assistance
in the form of cash to cover the costs of a divorce, such as legal proceedings or setting up a new apartment or house. It is sold in “units of protection.” Each unit costs $15.99 per month and provides $1,250 in coverage. So, if you bought 10 units, your initial coverage would be $12,500.  The company apparently adds a certain amount per year as long as the policy is in effect--out of the goodness of their hearts??

If you get divorced you have to send the company proof of your divorce and I suppose once your proof is accepted, you receive a sum of money back.  There are safeguards in place to be sure people do not purchase the insurance while they are contemplating or in the process of getting a divorce (DUH) and a waiting period once you purchase the policy, but I read that if you pay an additional amount, you can cut the waiting period back a few months.

A long time ago, I used to refer to myself as “cynical cyn,” but I do not think I was ever so cynical that I would have considered divorce insurance was a good thing.  There are people I know--some fairly new at the marriage thing and some who have been in for the long haul that probably could benefit from it, but..............  I suppose in the long run it is not much different from life insurance--you are either betting on living or now, betting on whether your marriage will last or not.

So, we all missed the boat on starting up a company like this.......maybe we can get in on the gift certificate business.  Perfect wedding gift--divorce insurance!!

Anyone have any thoughts??

Ciao’