| On-line Life Insurance Quotes: |
 | Do you need life insurance for your divorce? Get your term life insurance rate quote today! That's right! Find out the lowest rate, and don't pay up to 80% more than you should! Use your computer to compare hundreds of companies through BudgetLife! Click Here for an On-line Insurance Quote |
Insurance & Divorce: Frequently Asked Questions Q. What are the key issues regarding insurance and divorce?
A. First of all, just as with any other
property, you need to determine who will be the owner of your various
insurance policies. Secondly, if both spouses and children are covered under a group health plan, how will they be covered after the divorce?
Thirdly, consider what will happen to the income from the support order
or alimony if the provider should die.
Q. Why is ownership of the insurance policies important?
A. The owner controls the policy and has the right to name the beneficiaries.
For instance, your spouse may be the current owner of a
life insurance policy that has you named as the beneficiary. This means that
your spouse could change the beneficiary at any time, contrary to what
you might desire or need.
Q. If my children and I are currently covered under my spouse's group
health plan, what are my options after divorce?
A. Divorce is a qualifying event for benefits
under COBRA, so named after the act of Congress that created it. But, this is just an interim measure. Ask your
attorney whether the divorce settlement can include a provision for health
insurance, especially if either spouse can provide it at a reasonable cost
through group coverage. Finally, you may need to purchase additional health
coverage to protect yourself and your children.
Q. What will happen to the income from the support order
or alimony if the provider should die?
A. You should ask your attorney whether the divorce settlement
will include a provision for life insurance on the provider, to protect the
support order or alimony. If not,
you can obtain competitive
life insurance quotes here.
Q. How much life insurance is needed to protect the provider's income?
A. Here is a life insurance calculator to
figure the amount of insurance needed to replace the provider's income.
Q. How much does life insurance cost?
A. This
life insurance estimator searches an industry database and returns your lowest rate.
Q. What health considerations are important in buying life insurance?
A. Your personal and family health history are big factors in determining the rate
class under which you can purchase life insurance. You may not qualify for the lowest rate.
Ask your agent
to evaluate your underwriting profile.
Q. If I need to purchase life insurance, how do I get started?
A. You can find out more about
life insurance, and apply online at BudgetLife.
| On-line Life Insurance Quotes: |
| | Do you need life insurance for your divorce? Get your term life insurance rate quote today! That's right! Find out the lowest rate, and don't pay up to 80% more than you should! Use your computer to compare hundreds of companies through BudgetLife! Click Here for an On-line Insurance Quote |
| On-line Dental Plan Quotes: |
 | A selection of 30 Nationwide and regional discount dental plans. With the most dentists in combined networks anywhere, several discount dental plans may be available in your area (find plans). You can use our unique search tools to compare the savings and features of each plan before deciding which is the best plan for you. Click Here for an On-line Dental Plan Quote |
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