We Will Guide you

We will guide you step-by-step
through this difficult process.

Free Initial Consultation (866) 290-9292
blog home Divorce Pay a Premium, Decide to Divorce, and Collect Your Check

Pay a Premium, Decide to Divorce, and Collect Your Check

By Sheryl Rentz on October 7, 2010

Insurance policies are taken out in the event of some sort of disaster. Up until recently, divorce was hardly considered the type of disaster that insurance would cover. However, according to a recent dispatch.com article, one particular insurance company is now offering divorce insurance to individuals who feel that their marriages cannot be saved.

Critics of the newly offered insurance product reason that couples who have this insurance may be less inclined to make their marriage work, opting instead for a monetary payout once proof of the divorce is furnished to the insurance company. Reportedly, the insurance costs about $16 a month per unit, which translates to $1,250 once the policy matures. An individual purchasing this insurance must wait four years until the policy matures, although riders can allegedly be purchased to minimize the length of the maturity period. While many may view this insurance as an extra precautionary measure taken in defense of divorce, others may consider it an indication that a marriage is not built upon strong enough of a foundation to ultimately last in the first place, and that couples who purchase this insurance may simply be setting themselves up for failure.

Deciding to file for divorce in Pennsylvania is a difficult thing. While some couples may know for certain that divorce is the only logical option for them, others may not be as sure. While statistics do show that a large number of marriages fail each year all across the country, all options should be considered when filing for divorce. Ultimately, equitable division of assets and fair custody arrangements are in the best interest of both parties involved, and should be the end goal that both strive for.

If you are thinking of filing for divorce in Pennsylvania, please call the Law Offices of Sheryl R. Rentz. Our experienced Philadelphia divorce attorneys are prepared to assist you with a variety of Pennsylvania family law matters, including divorce proceedings and alimony arrangements. For more information, as well as a free consultation, contact the Law Offices of Sheryl R. Rentz today at 610-645-0100.

Related Articles:

Posted in: Divorce

We know your problems are unique & special.
Call us, we will listen.
866.290.9292


Contact Us

Our team is ready to help. Start off your case with a no-cost consultation by calling our office today at (866) 290-9292 or by completing the following form.


Law Office of Sheryl L. Rentz

326 W Lancaster Ave, Suite 100
Ardmore, Pennsylvania 19003

Phone: (610) 645-0100
Toll-free: (866) 290-9292
Fax: (610) 645-0111

Montgomery County Divorce Attorney Disclaimer: The divorce, visitation, child support, child custody, spousal support, or other family law legal information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer or attorney client relationship. Any results set forth here were dependent on the facts of that case and the results will differ from case to case. Please contact an attorney at our law firm office. This web site is not intended to solicit clients for matters outside of the State of Pennsylvania.

© 2019 Law Offices of Sheryl R. Rentz. Serving Chester County, Montgomery County, & all counties in Pennsylvania.

Website Design, SEO and Legal Internet Marketing by: SLS Consulting