London law firm Prolegal is to offer ‘divorce insurance’ to clients, in conjunction with a legal expenses insurer.
The policy, which will be offered to clients when they make a pre-nuptial agreement, will cover the costs of challenging the pre-nup or adopting it into a consent order, as well as the costs of any subsequent divorce proceedings. It is backed by insurer ARAG.
Jonathan West, head of Prolegal’s family team, said the firm was in part prompted to launch the insurance by the expected growth in pre-nups following the landmark Radmacher Supreme Court ruling upholding their enforceability.
‘Some may see the idea of divorce insurance as cynical and unromantic, but it’s just like buying car insurance – when you take out the policy, you are not wishing for a crash,’ he added.