Divorce insurance has been all over the news recently with the launch of WedLock Divorce Insurance, a form of casualty insurance serving as your financial safety net if your marriage fails.
Trout cautioned that any benefits paid out from a divorce insurance policy could be considered community property. So it’s possible that those benefits could be split regardless of who paid for the policy.
“I think (divorce insurance) is a really, really bad way to start your marriage,” Trout said. “I think it’s too easy, and I think people find it their own therapy to just get divorced. They don’t want to work on it. It’s sad.”
DadsDivorce.com editor Matt Allen interviewed John Logan, the founder of WedLock Divorce Insurance, about the divorce insurance concept, the financial collapse divorce can bring, and the reaction he’s been getting.