Love & Money: Divorce Insurance? Really?
One company, North Carolina-based SafeGuard Guaranty Corp., has a solution to the end of a marriage—divorce insurance. The corporation, who partnered with Prime Insurance Co., claims to be the first in the world to offer divorce insurance. The product has been named WedLock, and is meant to decrease the costs associated with divorce, such as legal fees. In order to avoid fraud, the company has a four-year waiting period before a claim can be made.
