Policy Summary - Cover Page - 1 page

  • Missouri - In re: General American Life Insurance Company Sales Practices Litigation.
    • Appellate Case: 03-3517 Page: 1 Date Filed: 12/06/2004 Entry ID: 1841122 - 13p
    • No. 03-3510 - Charles Kenneth Knouse
    • No. 03-3516 - Patricia S. Palashoff 
    • One Pennsylvania trial court has stated that, at least in the case of a noncommercial insured who is unsophisticated with regard to insurance policies, reasonable diligence entails a cursory examination of the cover page of the policy. See Half v. Metropolitan Life Ins. Co., 65 Pa. D. & C.4th 246, 254-56 (Ct. C. P. Allegheny Co. December 8, 2003).
      • If this is indeed true, there is nothing on the cover pages of any of the policies at issue here that would inexorably lead to a conclusion that plaintiffs (non-commercial, unsophisticated insureds) should have known that the vanishing premium concept allegedly explained to them would not occur as represented.