Won’t Sign The Pre-Nup??? Get Divorce Insurance!!!

divorce Wont Sign The Pre Nup??? Get Divorce Insurance!!!

Did you know that divorce rates in America are right around 50%?! Well, they are. These rates are giving a lot of engaged individuals cold feet. A company by the name of Wedlock think they have a solution to solve the nervousness.

According to Time.com, Wedlock is a company that was formed August 5th that gives you a decent payout if the marriage doesn’t work out.

WedLock Divorce Insurance is defined as being “casualty insurance that provides a lump sum of cash (based on initial claim value units of $1,250 USD per unit purchased, up to $250,000) that is paid if your marriage ends in divorce. In addition, each unit increases in value by $250 annually after the policy’s waiting period ends so that the longer you have your policy, the higher your claim benefit will be – without any increase in annual premium.”

So that people that are already getting a divorce can’t hop on to get a cut, the policy has a four year waiting period for a pay out. However, once the couple’s been paying for the insurance for four years, they pay about $16 a month for every $1,250 of coverage, plus a premium of $250 per unit for every year they were married.

Sounds very similar to a pre-nup, but you are paying money on it.

The question comes up as this, though… If you found out your hubby/wifey or your in-laws got the divorce insurance for you, would you be upset???

  • John Logan

    Thanks for the post and thanks for the great poll. However, for those folks that aren’t aware about the aggregate of “50%” that is commonly bantied about, the reality is this: First marriages fail at a rate of 1 in 3 (32%); second marriages fail at a rate of 2 out of 3 (67%) and third marriages fail at a rate of 3 out of 4 (72%). And just to put things in perspective, according to national statistics, the odds of you getting into a serious auto accident is 1 in 4 (25%) yet auto insurance is mandatory.

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