Alimony Protection Group, LLC
The Alimony Protection Group, LLC is a subsidiary of Alliance Financial Resources, LLC. A group of experienced insurance professionals committed to providing our clients with unbiased advice and assistance in obtaining the best possible coverage available in the marketplace today. The Alimony Protection Group, LLC (APG) has collaborated with many experienced matrimonial attorneys to create and develop the Alimony Protection Plan™. This program addresses many of the issues and pitfalls that are associated with the acquisition and on-going management of life and disability insurance policies that are required as part of today’s complex divorce process. A more detailed description of the Alimony Protection Plan™ can be found on this web-site, but rest assured that the Alimony Protection Group is poised to provide you with a comprehensive suite of services and products to assist you in fulfilling the insurance obligations specified in your property settlement agreement.
Our first priority is helping you take care of yourself and your family. We want to learn more about your personal situation, discuss your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of our foundation of success.
Life Insurance for Alimony and Child Support
The Alimony Protection Group, LLC is a full service life and disability insurance firm. Although our focus is on securing the alimony and child support obligations in Marital Settlement Agreements, our principals have over 50 years of experience in every aspect of life and disability insurance from personal coverage to estate planning and business buy-sell agreements. We work exclusively with A-rated insurance carriers and are able to deliver to our clients the most competitively priced and efficient policies available in today’s market.
We employ a comprehensive approach with our clients making sure to present not only options relating to the acquisition of new insurance, but also verifying that their existing insurance is performing properly and is still priced competitively relative to today’s market. Often we find that there are new products and pricing available that meet the needs of our clients much more affordably and efficiently than their current coverage.
How the Alimony Protection Plan™ Works
APG will complete an independent third-party verification of all existing Life and Disability Insurance Coverages
APG will determine, if needed, what the costs associated with obtaining new coverages will be before the divorce agreement is signed so both parties are aware of costs before signing
APG will assist your attorney calculation the the amount of coverage that should be required in the divorce agreement as well as assist in making sure that the language in the agreement relating to securing the obligations is done correctly to protect both the supporting and supported spouses
If necessary, APG will assist both parties in obtaining new Insurance Coverages for their obligations with Top Rated carries ensuring that they receive a competitive rate
At the completion of your agreement, APG will assist both parties in the address changes, ownership changes, third-party authorizations and duplicate notifications as required by the agreement
Benefits of the Alimony Protection Plan™ if you are a Supporting Spouse:
- Have coverage in place at or before the closing of your agreement to avoid being in violation
- Know the cost of coverage for negotiating monthly obligations
- Never overpay for new coverage with access to over 50 Top Rated Insurance Carriers
- Ensure that your carrier allows for reductions as outlined by your agreement to prevent paying for coverage you don’t need
- Limit the scope of the information your former spouse has access to
- Remove the need for annually proving that coverage is in place to your former spouse
Benefits of Alimony Protection Plan™ if you are a Supported Spouse
Access to policy information in real time directly from the carrier
Duplicate mailings for relevant policy notices and documents
Have the ability to rescue policies before lapsing
Ensure that only appropriate vetted coverage is used for securing obligations both for new or existing coverage
Determine upfront if your former spouse can obtain coverage or if other means of securing the obligations are necessary
Peace of mind that if the unthinkable happens, you and your family are protected from financial ruin
Our Services Include:
Current Coverage Verification
We will contact the existing insurance carriers for both parties in a divorce to obtain an independent third-party summary and verification of any existing life and/or disability policies. A detailed report will be provided with pertinent policy information.
Eligibility for Coverage
If the need for new or additional coverage is indicated, we will obtain preliminary underwriting approval for the supporting spouse and/or supported spouse to verify their eligibility for coverage.
Calculating New Coverage Amount
The Alimony Protection Group’s coverage calculator can be used by your attorney to determine the appropriate amount of coverage that will be needed.
Coverage Options
We can provide you and your attorney a full range of coverage options for your review and consideration.
Disability Planning
Since there is a greater risk of disability before age 65 than death, we will also provide options to insure this risk.
New Coverage Placement
The Alimony Protection Group represents it’s clients to over 50 carriers in the insurance marketplace as well as offering a Disability Policy designed specifically to insure the obligations specified in divorce agreements.
Policy Ownership
We are available to review and explain your policy ownership options and the tax impact of each option.
Beneficiary Designations
We are available to provide guidance on structuring beneficiary designations when minor children are involved.
Existing Policy Beneficiary Changes
We will assist you in changing the beneficiary designations on existing policies to match your settlement agreement.
Post-Divorce Coverage Verification
We will provide and assist in structuring multiple levels of notification and verification that keep both parties informed of policy premium payments and status.
Post-Divorce Policy Changes
We will assist you in making policy changes as specified in your settlement agreement.

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Contact Us for More Information
Phone: (973) 984-3322
Email: info@alimonyprotection.com
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