Calculating Life Insurance
Key Points
This is an on-line life insurance calculator for determining what amount of life insurance should be taken out by a parent paying child support to protect the financial future of the child(ren) of his or her child support order.
How much life insurance is needed to protect your child support order?
Resources & Tools
ALIMONY PROTECTION -- Courts sometime require a spouse to maintain life insurance to protect his or her former partner’s alimony. The payor is required to maintain insurance for the payee’s benefit.
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