Close
ThinkAdvisor

Life Health > Life Insurance

Correction: Life Settlement Provider Sues Insurer

X
Your article was successfully shared with the contacts you provided.

A version of an article posted here March 7 described communications involving Coventry First L.L.C., a large life insurer and a consumer incorrectly.

Coventry First, Fort Washington, Pa., says a life insurer tried to keep a customer who had exercised a universal life policy conversion option from selling the converted policy by offering to pay a settlement equal to what Coventry First had agreed to pay for the converted policy, according to Coventry First.