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Shifting a
Societal Paradigm
What if every marriage could come with a "Guaranty"?
The idea of
Divorce Insurance or Marriage Insurance is not new. In fact, its roots go back to the
very beginnings of insurance in Elizabethan England. As early as
1664, insurance policies were being written on marriages, births and
even christenings. Unfortunately, most of these policies were
written as a form of wager and England banned the practice in 1712.
No form of marriage insurance policy has been written since.
Marriage itself
is a forward looking and optimistic event. It’s a time when outlooks
all seem bright and dreams are in the making. And historically,
marriage has been the cornerstone of civilized society.
The idea that
the combined efforts of husband and wife result in an increase in
wealth is not only valid, but data from the US National Longitudinal
Survey of Youth, which tracks individuals in their 20s, 30s and
early 40s, shows that over time married respondents experience per
person net worth increases of 93%, nearly double over single respondents.
Additionally, their wealth increases on average 16% for each year of
marriage.
Today, couples
are often marrying later and in many cases, both husband and wife
bring more assets and more debt, meaning more complexity into a
relationship. Yet no investment vehicle exists today that provides
individuals that tirelessly work to maintain a lasting marriage with
any financial remuneration or monetary incentive from what anyone
would agree sometimes involves unending compromise and hard
sacrifices in the quest for marital harmony.
There are few
guarantees in life and based on current divorce rates, marriage is
certainly not one. Sadly this cornerstone has eroded over time to
the point that nearly half of all marriages that take place in
westernized societies fail.
Approximately
2.3 million weddings take place in the United States alone each
year. Historical data indicates that about 50% of first marriages
ultimately will be dissolved via divorce
(according to
divorcemagazine.com) and more than 60% of remarriages.
Of the projected 23 million weddings that will be consummated in the
United States between 2006 and 2015, over 11,000,000 of
those marriages will likely be legally dissolved in their first 15
years. And because children of divorced parents are three times more
likely to get divorced than their counterparts from successful
marriages, the US census now estimates that only 33% of couples
married today will celebrate their 25th anniversary.
In addition,
in 2008, the US personal savings rate was at it's lowest point since the Great Depression.
While that has adjusted somewhat because of fears of a further or
prolonged downturn in the economy, the US still has one of the worst personal savings rate of any
industrialized nation. Credit card debt has tripled since 1989 to nearly 800 billion in the
US alone and Social Security may soon be at risk of insolvency. As
a result, more an more, couples
today are actively searching for investments that will guarantee a
comfortable retirement with high returns and more importantly, low risk.
There is no
company in the world that currently provides insurance coverage against the often
devastating financial impact...until now.
As a first step
into the marketplace SafeGuard
Guaranty Corporation, in partnership with Prime Insurance Company,
is the first company in the world to offer
Divorce Insurance, providing a financial safety net, in the form of
insurance protection against the inevitable financial loss as a
result of divorce, to those unfortunate enough to suffer a failed
marriage.
We're actively looking for equity and/or capacity partners that will
help us move to the next phase.
Help us change
lives for the better.
Read more about the
financial impact of divorce.
Related Links
If you are interested
in becoming an
investor in this ground breaking company, please contact
us at your convenience by sending an email to
invest@safeguardguaranty.com. |
