Can I Get Life Insurance On My Ex-husband?

Yes, you can purchase a life insurance policy for your ex-husband as long as you show to the insurance company that you have insurable interest - this simply means you will suffer some kind of financial impact in case your ex-husband dies.

Also, your ex-spouse has to agree to sign the life insurance application. No company will proceed to underwriting without his signature.

Get a quote on these typical life insurance amounts ex-husbands:

It's easy to show insurable interest if your ex husband provides any of the following:

  • Alimony
  • Child Support
  • If you have debts together, like, credit cards, car loan, mortgage.

Divorce Settlement

What happens frequently, is that the life insurance coverage on the ex-husband is negotiated before the divorce is finalized. This way, child maintenance and/or support gets paid if the ex spouse dies.

Often, the ex-husband was the head of household and higher earner, so if his income stops coming in, life insurance will protect you and your children financially.

It's always best to have the life insurance in effect before the divorce is finalized, with the ex-wife as the beneficiary and policy owner. This way the ex-wife can be sure the beneficiary won't be changed without her consent.

Get a Life Insurance Quote!

What About Existing Life Insurance Policies

If a policy already exists, many couples will revise it to name their children as the beneficiaries.

If the children are still minors, a trust can be established to handle any life insurance proceeds, or an adult custodian can be appointed.

As with all legal matters, it's best to contact a lawyer.

Get a life insurance quote!

Monthly average costs for a 20-year life insurance policy for a ex-husband in his fifties:

AGE $100,000 $200,000 $300,000 $500,000 $1,000,000
50 year old man $27.30 $46.46 $54.53 $89.60 $170.25
51 year old male $28.64 $49.65 $58.37 $97.45 $186.10
52 year old man $31.48 $54.75 $64.55 $106.35 $204.92
53 year old male $32.25 $59.65 $67.64 $116.56 $226.35
54 year old man $35.55 $61.60 $71.70 $118.78 $231.75
55 year old male $37.25 $67.12 $78.25 $131.24 $256.32
56 year old man $41.74 $72.49 $86.63 $142.72 $283.24
57 year old male $45.55 $81.67 $94.45 $156.69 $309.25
58 year old man $51.85 $97.93 $120.65 $196.75 $387.50
59 year old male $57.58 $108.55 $137.52 $223.32 $434.25
Premiums shown were obtained on 06/09/2024 - his rates will most likely be different - these are just examples.