Ambrose v. Farmers New World Life Ins. Co.
Dr. Anton Ambrose sued Farmers New World Life Insurance Company (Farmers) for breach of contract and related claims. He alleged that Farmers failed to pay him the full $500,000 death benefit to which he was entitled when his wife, Beulah Ambrose, passed away after her life insurance application was approved but before her policy was formally issued and delivered. Farmers moved for summary judgment, arguing that a provision in Mrs. Ambroses life insurance application limited Farmers liability to $50,000 if Mrs. Ambrose died before issuance and delivery of her policy. The trial court granted Farmers motion and entered judgment against Dr. Ambrose. Court reverse.
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