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Alright, and Can I get you some divorce insurance with your health insurance?

October 5, 2010 Leave a comment

Dictionary.com defines insurance a  the act,  system,  or business of insuring property,  life, one’s person,  etc.,  against loss or harm arising in specified contingencies, as fire,  accident,  death,  disablement,  or thelike,  in consideration of a payment proportionate to the risk involved.”  Well apparently you can add divorce to the list.  What exactly does this encompass?  Well it seems that it serves as a payout for the policy holder after they are divorced.  If your like me, your asking yourself, seriously?  Yes, average costs for this are around $16 monthly for every $1,250 of coverage.  While being there if your marriage fails, they somehow built in a structure that will promote you to hold on to it… at least a little bit longer.  Divorce insurance adds a premium of $250 per unit for every year after 4.  For example, a policyholder who bought 10 units got divorced after 10 years, he or she would have handed over $19,188 and would receive a payout of $27,500.

Now this may be a little bit out there and loopy but I have an idea.  I’m no Arkansas divorce lawyer or marriage guru but here me out.  How about this, instead of investing in a backup plan such as divorce insurance, you invest on just making it work.  I don’t know say, spend time and what ever money you need to get to know yourself both as an individual and then a spouse.  Things of such nature.  It seems as time goes by there are too many safety nets and conventions built to support the idea of a failed marriage.  Imagine if people put as much energy into supporting the success of marriage as they did the possible failures. 

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