Fraud committed by life insurance Company resulting in denial of death benefits. Life Insurance Company denied death benefits to widow upon the death of her spouse claiming that she and her husband had misrepresented his health history during the application process.
At trial, plaintiff proved that life insurance agent had changed the application after leaving the insureds home by filling out a new application thereby forging the insureds signature to said new application which misrepresented the decedents health history. In other words, when they initially filled out the application, the insured and his wife informed the insurance agent that he had prior heart problems and a heart attack. Because the agent knew that this would prevent the sale of the policy, he prepared a new application after leaving the insureds home whereby he forged their signatures.
Plaintiff proved this particular agent had a pattern and practice of fraudulent and illegal activity the same as and/or similar to what occurred in this particular case. The jury returned with a verdict of $17,500,000.00.
