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Divorce

Dealing with the many issues of a divorce can be traumatic for everyone – for the divorcing couple, for their children, and for other family and friends who love both partners. When you’re going through such a painful transition, thinking about insurance is probably not at the top of your list of things to do. But it should be because divorce changes insurance needs. Reassessing your insurance coverage is essential during this time. Your attorney will guide you through the legal complexities, and your Representative from The Western and Southern Life Insurance Company (Western & Southern Life) can help you sort out your insurance needs during the transition of a divorce.

The following list outlines insurance topics to consider during a divorce. Discuss them with your attorney and your Western & Southern Representative.

Life Insurance

Health Insurance

Homeowner’s or Renter’s Insurance

Auto Insurance

Disability Insurance

Long-Term Care Insurance

Umbrella Policy

Annuities

Products for this Life Stage:*

Manage divided assets wisely.

If you receive financial assets to roll over, mutual funds can help you reinvest them.

More Guidance for Those Involved in a Divorce:

Learn the common pitfalls.

WSLife.com representatives can help connect you with planners familiar with your new needs; short-term savings, disability, and revised retirement planning.

Establish a revised budget.

Use our Budget Calculator Tool to map out your independent, post-divorce financial situation.

See what’s ahead.

To get a sense for what your existing investments can do for you, try the Savings Calculator Tool.

Western & Southern Life does not provide tax or legal advice. Please contact your tax or legal advisor regarding your situation.

*Products suggested for this Life Stage are not a specific recommendation or solicitation to purchase. Mutual funds are offered through an affiliate of Western & Southern Life.

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Last Updated: 12/14/2017