On November 26, 2014 the Kentucky Court of Appeals issued an unpublished opinion related to the rights to a former spouse to
collect against an insurance policy.
Not exact matches
We successfully
collected that amount for our teen client, and then we pursued an under - insured motorist claim
against our client's mother's auto
insurance policy.
This happened because Jared
collected directly
against the
insurance company for failing to settle the case before trial within their
policy limits.
The main purpose of the legal reserve is to provide lifetime protection, but because more money is
collected in premiums in the early years of a
policy than is needed to cover the mortality charge, level - premium
policies develop a cash value, which the policyholder can borrow
against, or can surrender the
policy for its cash value if the policyholder no longer wishes to continue the life
insurance policy.
For instance, if a driver who carried $ 50,000 in liability
insurance caused you severe injuries totaling $ 100,000, after
collecting the at - fault driver's $ 50,000
policy limit, you then proceed
against your own
insurance company for your remaining damages.
In the action
against the husband (to
collect on his
insurance policy), the plaintiff failed to prove that the bike would not have flipped «but for» her husband's negligence.