Jump to Navigation

Divorce Insurance

The insurance industry has found a new product to sell to would-be insured: Divorce insurance.

SafeGuard Guaranty Corp of North Carolina introduced WedLock, which is the world's first divorce insurance, designed to offer financial assistance in the event of a divorce to help cover some of the associated costs, from moving to a new home and help with legal bills.

The insurance is sold in increments, or units, in which a customer pays $15.99 per month for up to $1,250 of coverage. The more units purchased, the higher the monthly premium (multiply by $15.99) and the more protection there is for the insured. Each year, unit coverage increases by $250. Should you get divorced, you'd get a lump payment for the amount of coverage purchased.

There are some caveats; most importantly the policy has to mature. There is a minimum four year waiting period before claims can be made to prevent scammers from signing up and then divorcing immediately.

The company has a website that can answer all your questions about the product, including how much it would cost, insurance riders available to add to the policy, and how to file a claim.

Be warned that there is no insurance for the insurance, which means if the company goes bankrupt or out of business, you're out of your money and the policy. You should also figure the entire cost of the policy. Buying ten units could cost over $150 per month, an investment you may want to make in a savings account.

A Focus on Excellence

We make it a priority to provide outstanding legal support, advice and representation for clients throughout Southern California. From class action litigation involving groups of employees to individual representation for one employee, we are focused on building strong solutions for clients.

Talk to us first. Call an office near you, or contact us by e-mail to arrange a consultation.

Chat Button
 
 Customer Service Rating by LivePerson

News & Features

Follow FernandezLauby on Twitter

--- Monday, February 6, 2011 ---

 A Peer Review of Mr. Edward A. Fernandez's Mediation Services by Filippo Marchino, Esq.:

"What most know is that Mr. Fernandez is a member of the panel for the Redlands Arbitration and Mediation Services, as well as the Inland Valley Justice Center. What most don't know is that Mr. Fernandez spent 5 months resolving a case that nobody (not even the parties) believed could actually be resolved short of a trial on the merits. In a case of complex construction defect, involving complex and detailed matters, Mr. Fernandez skillfully navigated each and every matter, resulting is a win-win situation for both parties, one of which I represented. Can't honestly say how appreciative of his hard work we all are. Hence, it is with no hesitation that I fully endorse Mr. Fernandez!"

--- Friday, December 2, 2011 ---

A recent client review for Mr. Edward A. Fernandez:

As a principle of ClaimQuest, Inc., a Third Party Administration company, it is my duty to obtain the best legal counsel possible for me clients. It is important to note that my decision on counsel directly reflects on me and my company. My clients and I do not want excuses, we seek cost effective results. Mr Fernandez, his law firm, and associates have a long and proven track record for achieving positive cost effective results many of his peers only talk about.

Mr. Fernandez demonstrates excellent legal skills which are a great asset but it is not the only talent you should seek from your legal council. In addition, he also has a reputation of being a hard, yet fair negotiator which has earned him the respect of his peers and the courts. This blend of rare talents has given Mr. Fernandez the opportunity to obtain the most favorable results while significantly reducing needless time consuming litigation costs in many cases.

In my 30 years of being in this business I have never given my endorsement to any attorneys' before Mr. Fernandez, I can say with confidence that Mr. Fernandez has set the standard for our office and many other associates I do business with.

--- Friday, November 11, 2011 ---

Mr. Edward A. Fernandez, Esq. recently gave a presentation to the 2011 Vons Defense Attorney Conference regarding the status of the California Expedited Jury Trial Program.

 --- Wednesday, October 26, 2011 ---

Mr. Edward A. Fernandez recently attended "Impasse Is A Fallacy" a 14-hour Advanced Mediators' Forum with Lee Jay Berman, Doug Noll, and Tim Corcoran of the American Institute of Mediation.

--- Friday, August 26, 2011 ---

Have you been wrongfully terminated, harassed, or failed to be paid wages that you have earned?  Visit our employment law website to learn more about your rights and how Fernandez & Lauby can help you recover your lost earnings or damages!  California-EmploymentLawyers.com

--- Tuesday, May 24, 2011 ---

Fernandez & Lauby LLP is pleased to announce the expansion of its ADA Accessibility Compliance Department. In addition to defending companies against ADA and California accessibility law compliance violations in a cost-effective manner in both State and Federal Court, F & L can proactively protect companies by recommending preventative measures and compliance consultants.

Do You Have a Case?

Bold labels are required.

disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Locations

Riverside
4590 Allstate Drive
Riverside, CA 92501
Phone: 951-321-6009
Toll Free: 888-959-8508
Fax: 951-320-1445
Current Clients: 951-320-1440
Map and Directions

Irvine
7700 Irvine Center Dr, Ste 800
Irvine, CA 92618
Phone: 951-321-6009
Toll Free: 888-959-8508
Fax: 951-320-1445
Map and Directions