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Home / Verdicts & Settlements / Widower sought life insurance policy payout – $532,115 Settlement (access required)

Widower sought life insurance policy payout – $532,115 Settlement (access required)

On May 12, 2008, the plaintiff purchased a $500,000 whole life insurance policy and named his wife as the insured. He was listed as the sole beneficiary on the policy, and made monthly premium payments until June of 2009. At that time, he instructed his life insurance agent to make the monthly premium payments out ...