A-49-17 Sun Life Assurance Company of Canada v. Wells Fargo Bank NA (080669)
Does a life insurance policy that is procured with the intent to benefit persons without an insurable interest in the life of the insured violate the public policy of New Jersey, and if so, is that policy void ab initio; and if such a policy is void ab initio, is a later purchaser of the policy, who was not involved in the illegal conduct, entitled to a refund of any premium payments that they made on the policy?
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A-49-17
- Question of law certified by U.S. Court of Appeals for the Third Circuit, accepted : March 9, 2018
- Posted: March 9, 2018
- Argued: Jan. 29, 2019
- Decided: June 4, 2019