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Home / Opinion Digests / Employment Law / ERISA Insurance Benefits Denied, But Premiums Refunded (access required)

ERISA Insurance Benefits Denied, But Premiums Refunded (access required)

A bank employee who paid for life insurance for her daughter through her employee benefit plan, but who was denied insurance benefits when her 25-year-old daughter died, is not entitled to the insurance proceeds as “equitable relief” for the insurance carrier’s breach of fiduciary duty after the daughter was no longer eligible for the insurance; ...

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