Fuller v. Harrison

Pope, Presiding Judge.

This case involves a dispute over the payment of life insurance proceeds.

In October 1989, Ronald C. Harrison (Harrison) purchased a life insurance policy (policy) from Security-Connecticut Life Insurance Company (Insurer). Harrison named his wife, Nancy, the sole primary beneficiary of the $1,000,000 policy proceeds payable at his death. The policy provided for ownership by the insured, unless another owner was specifically designated. The policy also provided that the owner could assign or give away his rights under the policy (transfer ownership), although notice of…