Estate Administrator: Insurer’s Auto-Withdrawals Created A New Policy Date

Mealey's (October 11, 2016, 10:48 AM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals is scheduled to hear oral arguments on Nov. 4 in an appeal in which the administrator of an insured’s estate argues that the insurer’s withdrawal of automated payments on a date approximately two weeks after the policy’s due date creates a new due date that resulted in a grace period that should have commenced on the date payments were regularly withdrawn (Nicole Moll, Administrator of the Estate of Paul L. Robbins, III v. Pruco Life Insurance Company,...
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