Protecting Individuals, Families And Children Every Step Of The Way

For More Than 20 Years
Photo of Lisa A. Ruggieri P.C.

Division Of Insurance During Divorce Presents Challenging Issues

Dividing property during a divorce is challenging. One of the most difficult aspects of divorce involves division of insurance.

Spouses often worry about losing insurance coverage — primarily health insurance — during a divorce. A professor of family medicine reports that he even has patients who remain in unhappy marriages out of fear of losing their health insurance coverage.

Photo of Professionals at Law Offices of Lisa A. Ruggieri, P.C.

Losing insurance coverage frequently results in additional post-divorce financial difficulties, as well as deteriorating health. Individuals often stop going to the doctor’s office because they can no longer afford medical treatments without insurance. That is why allocating insurance coverage is especially important during a divorce, particularly when minor children are involved.

Health Insurance Considerations During A Divorce

Certain types of insurance are easier to split than others. Health insurance is generally easy to split since one parent is typically responsible for providing all of the coverage to minor children.

This responsibility normally falls to the parent providing health insurance in the past. Additionally, couples usually make this decision based on whoever is currently covered by more comprehensive health insurance coverage.

Parents traditionally shared medical costs outside of those covered by health insurance. However, today these costs are normally apportioned based on income. The parent with the higher income normally ends up paying a larger portion of the cost.

If one parent moves out of state, it is important to determine if the insurance company writes out-of-state policies. If not, returning to court to re-negotiate health insurance coverage may be necessary.

Impact Of Divorce On Other Types Of Insurance

Determining obligations for other types of insurance is more difficult. Responsibility for car insurance coverage is decided solely by the parents. A court cannot decide that a child should have a car or that one particular person pays for it. Parents negotiate everything related to the car such as gas, repairs and upkeep.

Homeowner insurance coverage depends on who is listed on a mortgage. If both spouses’ names remain on the mortgage, they both remain on the homeowner insurance coverage as well. However, the parent who moves out should still obtain renters or homeowner insurance at his or her new residence.

In terms of life insurance, each spouse should consider updating any beneficiary information on existing policies. The policy pays out to the beneficiary upon the policyholder’s death, regardless of that person’s current legal status with the beneficiary. Parents not comfortable with keeping a former spouse’s name on a policy often set up a trust fund for the children. The fund is then named as beneficiary.

One parent is usually required to provide life insurance for any minor children along with the former spouse. The amount of life insurance is regularly adjusted based on the paying spouse’s other monetary responsibilities.

Divorcing couples can benefit from the advice of an experienced family law attorney. The attorney can provide valuable assistance and help obtain a fair and equitable insurance division.

Photo of Professionals at Law Offices of Lisa A. Ruggieri, P.C.

5 Star Reviews

A Superb Lawyer!

Lisa guided me through the divorce process and helped me obtain my desired outcome. Throughout the entire process, she helped make the process as painless as possible. Lisa is truly a super lawyer who will be an asset to anyone that utilizes her knowledge, experience, dedication and abilities!

– Eric E.

Successfully Settled My Case With Just One Court Appearance

My ex husband is an attorney and I knew I needed a top notch attorney on my side in order to secure a favorable outcome. In less than a month, from start to finish, Attorney Ruggieri successfully settled my case with just one court appearance.

– Carol K.

All Of The Online Reviews Of Attorney Lisa Ruggieri Are True!

All of the online reviews of Attorney Lisa Ruggieri are true! If you need top-notch legal advice to land you on your feet post-divorce, I would highly recommend the Law Offices of Lisa Ruggieri. Lisa is very knowledgeable and draws a strong line around defending and protecting her clients.

– Eugenia Z.

She Was Aggressive And Never Backed Down

I found Lisa through reviews and was not disappointed. Lisa and her staff were great! They were very supportive and explained everything. She was aggressive and never backed down, even when I wanted to settle. She always looked out for my best interest, even when I didn’t want to. I can’t recall a single debate she lost during the entire case. If I were ever in a similar situation again (which will not be anytime in the foreseeable future!), I would call Lisa.

– Erik T.