WedLock, as it's coyly named, is a new type of casualty insurance that gives the unhappily married policyholder a payout after he or she is unhitched.
9/20/2010 08:30:00 am
a failing grade
It makes for an amusing story, but this Divorce Lawyer of some 26 years can tell you that the financial result of divorce is so catastrophic and so debilitating - financially and emotionally - that before "engaging" in marriage, I would highly recommend against forming relationships with anyone significantly below your income strata, against acceding to a "stay at home" parent relationship where you are the most significant wage-earner, and in any event, well-drafted and solid pre-nuptial agreements with a firm "no-sign, no marry" resolve.The costs of allowing "true love" to dissuade you from protecting your future are just too horrific.And the "insurance" is really of marginal, if any, benefit
*"rg harvie says... the financial result of divorce is so catastrophic and so debilitating - financially and emotionally"yup... apparently marriage, these days... is a crapshoot. the divorce rate approaches, what... 50 percent?and a prenup? i'm guessin' that sorta takes the bloom off the rose.my guess is, most folks who do that are either hard-headed business types... or folks who've already been burned once.i'm not saying it doesn't make sense... but hey... love is inherently irrational, no?p.s. -- agreed... the insurance just sounds like a scam. speaks volumes about where we're at socially though.*
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