When people in Florida decide to divorce, they can encounter a range of financial questions and challenges. While many people are aware of the effects of property division and other major issues, fewer may think about the consequences of divorce for their insurance situation. Divorce can lead to several significant changes in insurance coverage, especially when it comes to life and health insurance. Most of these changes should be handled promptly after the dissolution of the marriage is finalized.
Insurance changes can come with divorce
Is it time to ask the courts to modify your alimony payments?
Divorce has a way of affecting your life for quite some time. Couples without children may hope for a clean break, but that isn't always possible. Even if you divorced several years ago, you could still have to deal with the financial consequences of that divorce. Ongoing spousal support, also called alimony, is sometimes the result of divorce proceedings.
