Credit life insurance polices are common in situations where a person is purchasing something on credit. Examples include cars, motor homes, houses, etc. These policies are usually purchased at the time of purchase is offered when the paperwork for the sell is being processed. This type of policy is often…
Credit Life Insurance policies always list specific termination times. Here is a 1985, San Antonio Court of Appeals opinion that deals with credit life insurance and the issue of when the policy terminated. The opinion is styled, Eagle Life Insurance v. G.I.C. Insurance Co. This lawsuit was tried before the…
The law office of Mark S. Humphreys, P.C. is pleased to announce the settlement of a case involving a Credit Life & Disability policy. Mark’s client was the wife of a man who had died and she was the beneficiary named on the policy. The policy, a Credit Life &…
The Law Offices of Mark S. Humphreys announces the settlement of another Credit Life & Disability policy. In this case, Mark’s client purchased an automobile and as part of the purchase Mark’s client was offered the opportunity to purchase a ”’Credit Life & Disability” policy which would pay off his…
The Law Office of Mark Humphreys announces the settlement of another case dealing with a “Credit Life & Disability” insurance policy. This case involved a client who’s husband had purchased the policy as part of the deal when buying an expensive new truck. The client’s husband had numerous health issues…
Fort Worth life insurance lawyers see lots of situations where a person had a credit life policy. It is most often associated with the purchase of an automobile. There are specific laws in the Texas Insurance Code dealing with these types of policies. Section 1153.052, says that each individual policy…
Stephenville insurance lawyers know that Credit Life and Disability claims are denied way too often. The reason for denial is almost always the allegation that there was a misrepresentation in the policy application. This issue is discussed in a 1983, Houston Court of Appeals [1st Dist.] opinion. The opinion is…
Insurance lawyers in Menard, Junction, Mason, Fredricksburg, and Kerrville need to read this case from the Southern District Court, Houston Division. It is styled, Ruben N. Saenz, Individually and as Representative of the Estate of Decideria Saenz, Deceased v. Transamerica Life Insurance Company. This lawsuit arise out of the denial…
Burleson insurance attorneys will see potential new clients come in their office with issues related to “credit life” insurance. This is a type of insurance that pays off a debt in the event of the death of the insured. A 1998, Houston Court of Appeals [1st Dist.] opinion gives us…
Duncanville insurance attorneys need to be able to discuss credit disability issues with a prospective client. A 1996, Austin Court of Appeals opinion helps to understand credit disability issues. The case is styled, American National Insurance Co. v. Paul. Here is some of the relevant information. The Pauls purchased a…