Viatical firm wins case against CIGNA unit

D'Allegro, Joseph
November 1998
National Underwriter / Life & Health Financial Services;11/30/98, Vol. 102 Issue 48, p3
Reports on a federal court ruling stating that Life Insurance Co. of North America should honor the decision of one of its policyholders to sell his life insurance policy to Life Partners, viatical company based in Waco, Texas. Reasons cited by Life Insurance why it refused to honor the policy transfer; Potential effect of the decision on viatical companies doing business with viators domiciled outside their home state.


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