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Tuesday, January 4, 2011

Company Begins Selling 'Wedlock Divorce Insurance'

In this file photo, Los Angeles Dodgers co-owners Frank McCourt and his then-wife Jamie McCourt pose with a star honoring the team on the Hollywood Walk of Fame in Los Angeles. The two have been involved in a bitter divorce and legal battle over who owns the team. (AP)

In this file photo, Los Angeles Dodgers co-owners Frank McCourt and his then-wife Jamie McCourt pose with a star honoring the team on the Hollywood Walk of Fame in Los Angeles. The two have been involved in a bitter divorce and legal battle over who owns the team. (AP)

Dodgers co-owners Frank and Jamie McCourt have spent millions in legal fees in their divorce and battle over who owns the team. Should they have had divorce insurance?

John Logan would say yes. After paying high legal fees and losing his home when he got a divorce, Logan started selling a product called Wedlock Divorce Insurance.   Logan is chairman and CEO of the insurance company, SafeGuard Guaranty Corporation and joins us to explain the product.


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