Archive for April, 2011

Divorce Insurance: Here Today for Tomorrow’s Needs

Wednesday, April 27th, 2011

SafeGuard Guaranty Corp. looked at the divorce statistics and now offers divorce insurance called WedLock.

If the marriage crashes, WedLock “provides financial assistance in the form of cash to cover the costs of the legal proceeding - as well as other expenses that might arise like setting up a new apartment or house after a divorce.”

Each unit of WedLock insurance costs $15.99 a month and provides a benefit of $1,250 to cover divorce expenses. Customers are encouraged to purchase multiple units of the insurance.

Wedlock is not intended for short-term marriages. “In order prevent people who are already planning to get a divorce from taking advantage of the insurance, Safeguard requires a period of 48 months of marriage before a policy is considered matured and the pay-off is guaranteed.

“Every year almost half of all families that go through divorce end up below the poverty line. And the reason is that on average, people lose 77% of their total net worth as a result of divorce, so WedLock Divorce Insurance℠ may certainly offset some or all of that loss depending on the size of the policy purchased.”

Can you hear me now? Divorce and Deafness

Friday, April 15th, 2011

Many couples discover that in marriage it is not what is said so much, but how it is said that matters. But what happens when one partner cannot hear?

According the British firm Hearing, a retailer of hearing aids and other related products, “ongoing deafness in a marriage that causes arguments between spouses can promote marital breakdown to the point of divorce.”

A survey of more than 1,000 people over 40 “who admitted some degree of worsening deafness …found that 33 percent of them admitted that their inability to hear properly had caused arguments with their spouses and family. Of those reporting arguments, 7 percent said their spouse threatened to divorce them unless they go help with their hearing loss.”

“Nearly two-thirds of those affected admitted to pretending they can hear adequately and half said faking their way through conversations had caused them to become depressed and isolated.” In addition to isolation, hearing loss triggers feelings associated with disability and old age. Nevertheless, according to the Royal National Institute for Deaf People, “it can take as long as 15 years for people with hearing loss to get the help they need.”

That’s a long time for even the most patient and loving partner to repeat what he or she said. So when a loved one suggests a hearing test, listen up.

It’s Worth the Effort (Sometimes)

Friday, April 1st, 2011

Ellen Goodman, the columnist, once observed that as divorce became more socially acceptable society had more divorces to accept. The liberalization of divorce, which began in California in 1969 when Gov. Ronald Reagan (himself a divorced man) signed into law the nation’s first no-fault divorce law, seemed an idea whose time had come. By the end of the 1970s, every state has some form of no-fault divorce. No jurisdiction has even taken serious steps toward reversing that.

That said, however, couples contemplating divorce should make certain that they are at the end of the line.

Divorce is one of the most stressful life experiences. It is terribly dislocating, and it is a greater destroyer of wealth. Children suffer terribly when their parents separate. Divorce, even when it is necessary, does not make people happy.

Most couples, even those who are intact, have in their marriages probably thought about packing it in.