Who would prevail in a majority of states

Assignment Help Management Theories

Reference no: EM131378933

Martin Searle's life insurance policy contained a standard suicide clause. Under the clause, Allstate would not be liable to the beneficiary, Alice Searle, should Martin commit suicide within the first two years of the policy even if Martin were insane at the time of his death. Martin committed suicide ten months after the policy went into effect. Allstate refused to pay Alice any benefits under the policy.

Alice sued the company, claiming that her husband had been mentally deranged at the time of the suicide and did not realize the consequences of his action.

Allstate argued that the sanity clause removed the issue of mental incapacity from the case. Who would prevail in a majority of states? Explain.

Searle v. Allstate Life Insurance Company, 212 Cal. Rptr. 466 (CA).

Reference no: EM131378933

Questions Cloud

What are nominal interest rates for both us and euro area : If the real interest rate is 5%, the U.S. inflation rate is at 3%, and the inflation rate of the euro area (the countries that use the euro) is at 4%, what are the nominal interest rates for both the United States and the euro area?

Did victory have insurable interest in warrensburg property : When the Warrensburg property was damaged, Victory attempted to collect under the policy. Did Victory have an insurable interest in the Warrensburg property? Explain.

Did avrit and schuring have an insurable interest : Did Avrit and Schuring have an insurable interest between the time of the down payment and the time the deal was finalized? Explain.

Compare the teachings of confucius and aristotle : Compare the teachings of Confucius and Aristotle on what constitutes virtue or good ethical character and conduct, noting similarities and differences in specific ideas or emphasis

Who would prevail in a majority of states : Allstate argued that the sanity clause removed the issue of mental incapacity from the case. Who would prevail in a majority of states? Explain.

What are benefits of improving employee financial literacy : Do you think all marketing staff members should be equipped to speak with the public about the firm's financial matters? What are some of the benefits of improving employee financial literacy?

Explain briefly why this is theoretically impossible : An engineer unfamiliar with the workings of planetary gears is having great difficulty determining a combination of numbers of teeth that will enable a unit like the one in Figures 15.31 and 15.32 to give a ratio of 2.0. Explain briefly why this i..

Could bayer recover from whitakers insurance company : Could Bayer recover from Whitaker's insurance company under the uninsured-motorist provision of the policy? Why or why not?

Was riggins correct in given situation : Riggins argued that the all-risk binder was in effect at the time of the theft and that he was therefore covered, even though the final policy would not have covered him. Was Riggins correct? Explain.

User Account

All Pages