Nov 10
8
Divorce insurance – There is fault in divorce
Every honest Canadian knows that there is fault in divorce and that the party that is victim to the one who wants to break his contract/covenant deserves redress. No fault divorce is one of the cruelest schemes ever foisted on people by a corrupt government. In an attempt to introduce some measure of redress for fault, people are now experimenting with a bizarre product called divorce insurance.
National Post – November 5, 2010
Newlyweds may have one more thing to consider in future, professor predicts
Postmedia News
A scholar at one of Canada’s leading law schools predicts Canadian couples will one day have a new type of contract to consider: divorce insurance. The controversial insurance, recently unveiled in the United States, will come to be “offered widely” in this country, where nearly two in five marriages – 38% – are dissolved before the 30th wedding anniversary, predicted James Morton, adjunct professor at Osgoode Hall Law School in Toronto. He’s unsure, however, of how well the product will take off. John Logan, whose North Carolina-based company is behind wedlock divorce insurance, said, “It’s not cheap, but look at the risk we’re taking.” Mr. Logan lost his house and effectively went broke during his own divorce a decade ago. “We’re not home insurance, where the chances are one in 300 that you file a claim; our odds are one in three,” he said.