Life Insurance for Divorce

Looking for life insurance 

during a divorce?

People Signing Divorce Agreement

Looking for life insurance 

during a divorce?

Life insurance is often part of a divorce settlement. It’s used to provide protection to the spouse who will be receiving support. If alimony and/or child support are awarded by the court, or agreed to in mediation, life insurance can provide replacement funds in the event of the supporting spouse’s death. If the couple already has life insurance in place, changes in ownership and/or beneficiary designation can be negotiated. Especially if it’s a universal life or whole life policy with cash value. In that case it can be considered an asset.

When a new life insurance policy is required, there’s usually a deadline to having it in force. Hopefully it’s a reasonable amount of time. Regardless, the sooner you start the process the better. The amount of time it takes to put life insurance in force can vary dramatically from case-to-case.

My ultimate goal is to get my clients the appropriate coverage to satisfy the terms of a divorce.  
So contact me today to discuss options.

Find answers to common questions that crop up when applying for life insurance during a divorce

Have a no-strings, no-cost conversation to best understand your scenario and options

Generate your own free quotes for the amount and length of coverage you need

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I know firsthand that going through a divorce can be an extremely stressful time for everyone involved, both emotionally and financially.
This is why I specialize in helping people secure life insurance during this difficult transition.
Whether life insurance is required because of a court order, or agreed to in mediation, I can help.

Danny Gallant

Life Insurance Broker

How to use a life insurance quoter

By using this quoter, you can get approximate quotes based on basic information (age, gender, health class, tobacco use). Where most people get hung up is when it comes to selecting their health class. As a rule of thumb, the average healthy American falls into the Standard or Standard Plus category. That means someone with no major health conditions, of average build (height & weight) and who takes a limited number of prescription medications. Typically, 1 or 2 medications for a specific condition.

Being eligible for Preferred and Preferred Plus categories requires a near spotless medical history with little to no health issues or medications.

Tobacco use means any tobacco products in the last 2 years. As a side-note: some carriers are now allowing marijuana use, but that typically comes with a tobacco rate.

Other factors involved in someone’s health class, also known as risk class, are things like driving history, bankruptcies, felonies/misdemeanors, among others. 

** This is the case with all internet quoters **

These are quotes based on a limited amount of information. The only way to obtain accurate quotes is to speak with a licensed agent/broker. This is where I come in. I help my clients determine their health class and best options with specific policies and insurance carriers based on a thorough understanding of their unique situation.

Request a free consult

No obligation, no high-pressure sales pitch

Just the same advice I’d give a family member