PHL Variable Insurance v. Price Dawe 2006 Insurance Trust Ex Rel. Christiana Bank & Trust Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that trustee has insurable interest in life of insured so long as insured \actually established the trust\
• noting that incontestability clauses \essentially serve the same function as statutes of limitation and repose\
• stating that insurance company alleged that Dawe was “financially induced into participating in the transaction”
• holding, among other things, that “a life insurance policy lacking an insurable interest is void as against public policy and thus never comes into force”
• describing referral of certified questions from the United States District Court for the District of Delaware
• finding investor’s payment of premiums was a key fact supporting lack of insurable interest

Source: CourtListener parenthetical corpus (CC0).