Maintaining Life Insurance After Getting Divorced

Maintaining Life Insurance After Getting Divorced

  • Generally, life insurance is maintained by both parties after the divorce
  • The payor spouse would like to be seen maintaining life insurance in an amount sufficient enough to cover child support
  • You should check the term of your insurance policy to ensure that it will last until the emancipation of the children
  • You need to take into consideration any loss of the recipient spouse’s services, in the event of a death
  • Whatever one spouse maintains has to be maintained by the other spouse