Once your divorce in Pasadena has been finalized, you'll need to deal with separating your insurance from your ex's financial affairs. This includes:
- Health insurance
- Life insurance
- Car and home insurance
- Long-term care insurance
- Disability insurance
Spouses covered by their ex's insurance plan are entitled to 36 months of COBRA coverage after a divorce. COBRA can be very expensive, however, so it's smart to start looking for your own insurance plan as soon as possible. If you have a very low income after your divorce, you might qualify for government sponsored coverage.
If you don't need to have your ex listed as a beneficiary on your life insurance policy to ensure payment of alimony and/or child support after your death, you can change the beneficiary to the person of your choosing.
Home and car insurance carriers need to be notified about any change in ownership of these assets. However, keep in mind that you can't remove your spouse from a car insurance policy without his or her consent. New insurance also needs to be in place before a driver can be removed from the policy.
Long-term care insurance is extremely important to have after a divorce, since you will no longer be able to rely on a spouse to provide assistance. If you previously had long-term care insurance, check to make sure your policy covers you as an individual and not you and your ex as a married couple.
Disability insurance, like long-term care insurance, is important after a divorce because you will be solely dependent upon your own income for support. If your employer does not offer disability insurance, consider looking for a private carrier for your policy.
How Can We Help?
Please call our office at (626) 683-8113 or email us at info@PasadenaLawOffice.com if you are in need of legal representation during your divorce. Our office is staffed with experienced Pasadena divorce lawyers who can provide assistance with a variety of common concerns.