Divorce Source: Insurance When it Comes to Changing a Career or Going Back to School

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Insurance When it Comes to Changing a Career or Going Back to School

Information Provided by: Budget Life

Thinking about a new career? Taking some time off to pursue other interests? Going back to school part-time? Maybe you’re being downsized out of your current job; or perhaps you’re tired of the 9-to-5 routine and want to break out on your own.

Important Issues for You

Leaving a job is one of life’s most significant decisions. Here are some important financial issues to consider. Investigate each of the topics below to find out how a job change affects your financial planning.

Maintaining Your Life Insurance
Protecting Your Financial Future
Insuring Your Health

Information Provided by: Budget Life

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CHILDREN’S INSURANCE -- Divorcing parents must negotiate health and dental insurance for their minor children as part of their separation agreement. Sometimes the spouses negotiate a qualified medical support order, known as a QMCSO, which can be part of COBRA (Consolidated Omnibus Budget Reconciliation Act) coverage that also protects the former spouse.

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