Would You Buy "Divorce Insurance"?
SafeGuard Guaranty Corp., a North-Carolina based insurance company, has determined how to calculate the statistical probability that your marriage will end in divorce. They're also offering WedLock, what they claim is the first-ever divorce insurance. Their web site features a Divorce Probability Calculator, which claims to predict your probability of getting divorced within a 13% margin of error. By asking questions about race, religion, educational background, age, children, among others, the calculator can gauge your marital prospects based on actuarial information. Basically, if you didn't finish college and got married before 21 to someone of a different race and religion, the odds aren't in your favor.
You can buy coverage in "units of protection," which will provide financial coverage in case of divorce. Considering legal fees and the cost of settting up a new household, divorce can be expensive. Each unit costs about $16/month and provides $1,250 in coverage. In the case of divorce, WedLock will send you cash that amounts to the coverage you purchased.
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