What about Life Insurance after Divorce?
Signing divorce papers Following a dissolution or legal separation, one or both of the parties may be required to carry a life insurance policy (/budgeting-investing/financial-planning-articles/saving-and-budgeting/insurance-concerns-after-divorce.asp). A newly-single parent may need to take out a policy to provide for their children in the event of death. The insurance money can take the place of what the deceased parent would have paid…