Divorce insurance now available for newlyweds

[CoolBreeze]

Couples can now pick up insurance policies to protect them against financial loss if the union goes south.

John Logan is the CEO and Founder of Wedlock Divorce Insurance. Logan says he's introducing this new coverage for failed marriages to the world.

"What we cover is the potential for financial losses as a result of a divorce proceeding," says Logan.

The product is sold as individual policies. You buy it in units of coverage. Each unit is valued at $1250 at a cost of $15.99 per unit. For instance, if you bought 10 units of Divorce Insurance; it would cost you $159 a month. After four years of marriage if you find yourself heading for divorce, you would get paid out $12,500 in the end.

Policy holders can buy up to 200 units of divorce insurance which is $250,000 in coverage. After the required 4 year waiting period is over, the policy goes up in value every year by $250.00 per unit.

"The only way you can file a claim with us is to actually submit your court stamped divorce document whether it is a divorce decree or marriage dissolution decree depending what state or county you're in," says Logan.

http://www.wedlockdivorceinsurance.com