Ferguson v. Security Life of Denver Insurance

MEMORANDUM OPINION AND ORDER

KAPLAN, United States Magistrate Judge.

Plaintiffs have filed a motion to remand this case back to state court. For the reasons stated herein, the motion is granted.

I

Plaintiff Weldon D. Ferguson purchased a joint survivor whole life insurance policy from Security Life of Denver Insurance Company. This type of policy, also known as “seeond-to-die” insurance, covers two named insureds. The cash value of the policy increases on the death of the first insured and is payable to a designated beneficiary on the death of the second insured. Plaintiff wanted this policy as…