Penn Security Life Insurance v. Rising

Opinion

ELKINGTON, J.

The appeal before us was taken by plaintiff Penn Security Life Insurance Company (“Penn Security”) from an adverse judgment in its declaratory relief action against defendant John S. Rising, Jr. (“Rising”), and others.

The issue in the superior court was. whether a valid contract of credit life insurance on the life of one David L. Morris, M.D., ever came into existence between Penn Security and Rising. The trial court concluded that such a valid contract had come into existence.

Our task is the determination whether the trial court’s finding was supported by the evidence.…