AP Passion at a String Blog

How Much Divorce Insurance Can You Buy?

Today, you cannot just insure your car and house but you can also have divorce insurance. It is a type of an investment where you will be paid when you get divorced. The amount of coverage is actually dependent on the purchased policy. How much divorce insurance can you buy?There are some insurance companies which offer for up to 200 units per policy. You will have an initial claim of $250,000.00 and may further increase for up to $1,250, 00.00. You can even buy more than one policy; in fact you may purchase for up to 4 concurrent policies per individual. It will give you with an initial coverage of $1,000,000.00 which will further increase to $5,000,000.00 after 25 years.In a monthly basis, you can get coverage for just $15.99. If you collect your coverage like for example 5 years after the start date, you’ll receive $1,250.00 benefit which will increase each year after the waiting period. So, you can buy a policy for as low as $1,250 in benefits and for up to 4 policies that will increase for up to $5,000,000.00 after 25 years.