ARAG is launching two new divorce insurance products – Pre-nuptial Legal Solutions and Divorce Legal Solutions – to the rest of the market, specifically targeting law firms doing nuptial agreements.
These products provide a legal expenses insurance policy that starts from the date of a marriage or civil partnership and protects the policyholder against legal costs associated with matrimonial breakdown.
Sold alongside nuptial agreements, both policies cover costs arising from a legal challenge to the nuptial agreement whilst Divorce Legal Solutions extends cover to include the cost of divorce proceedings.
Pre-nuptial Legal Solutions will cover legal costs and expenses involved in a challenge to a pre-nuptial agreement, including:
- Costs of mediation
- Costs of legal proceedings if the policyholder or their spouse cannot reach agreement through mediation
Divorce Legal Solutions covers the same costs and also extends cover for:
- Divorce proceedings to final decree
- Ancillary relief and challenge to a nuptial agreement
Was this article valuable?
Here are more articles you may enjoy.
The Battle Over J&J’s Bankruptcy Plan to End Talc Lawsuits 
What Happened to Reinsurance ‘Class of 2023’? Hard Market Defies Age-Old Patterns. 
US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red 
Project 2025 Plan to End NFIP Welcomed by Some, Rejected by Others in Insurance 
