Pioneer Homeowners Life Insurance v. Hogan

Jordan, Judge.

It is the contention of the defendant insurance company that the trial court erred in overruling its general demurrer for the reasons that a policy of credit life insurance is wholly for the benefit of the creditor beneficiary and the sole right of action to recover on such policy is therefore in the creditor beneficiary to the exclusion of the insured debtor or anyone claiming under him.

This contention is without merit. Under the provisions of the Georgia Insurance Code of 1960 (Ga. L. 1960, pp. 289, 743; Code Ann. Ch. 66-33) regulating credit life insurance, as such provisions…