A new insurance product called WedLock is the brainchild of entrepreneur John Logan. According to Logan, “People can say that all they want but the truth is the odds of divorce are higher than most of the other things we commonly insure ourselves against.”
How does it work? Here’s the description from the company’s website:
In effect, Divorce Insurance reduces the risk of the negative impact on individual/personal financial situations associated with divorce. It does NOT insure against divorce itself – only you and your spouse can do that – but it does afford you the peace of mind that if your strong and healthy marriage turns sour and toxic, you can rest assured that your insurance benefits may help you start your life anew.
While it’s hard for us to take this too seriously, it seems the company does. The Wedlock website even includes a divorce calculator that breaks down the costs of attorney fees and mediator hours.
While it may seem hard to take this product seriously, it seems the company does. The Wedlock website even includes a divorce calculator that breaks down the costs of attorney fees and mediator hours.
Reported by ABC Los Angeles.
