C. I. T. Financial Services, Inc. v. McDermitt

REYNOLDS, Judge:

This appeal involves a cross-petition against credit accident and sickness insuror to obtain payment of a note pursuant to policy provisions.

On July 28, 1971, appellant, Opal Mc-Dermitt, defendant and cross-petitioner below, borrowed $1,669.15 from C.I.T. Financial Services, Inc. on a precomputed note. The payments were $64.00 per month for 36 months. The amount financed included a premium in the amount of $87.55 for a credit accident and sickness policy issued by Connecticut General Life Insurance Company, the appellee. This policy provided that monthly benefits of $64.00 per…