Concerns Divorce can be a difficult time. You'll probably experience significant lifestyle changes. You'll certainly experience financial changes. It's essential, therefore, to re-evaluate the insurance decisions you made when you were married and update your policies to reflect your changed circumstances.
Adequate protection is particularly important for children.
Because you may no longer be able to rely on your spouse for financial assistance, insurance protection is also important for you. In various ways, divorce can impact life, health, disability, auto, and homeowners insurance. Life insurance Divorce can impact your choice of life insurance beneficiaries. When you were married, you probably named your spouse as beneficiary. Now that you're getting divorced, you may wish to change this designation.