Sydelle Ruderman, et al v. Washington National Insurance Company-Class Action Case
I am currently handling a class action lawsuit involving a Pioneer Life/Washington National Insurance Company long term care insurance policy. The policy was sold in the early 1990's with a $180 daily maximum benefit, $250,000 lifetime maximum benefit, and a $150,000 per occurrence benefit. Most importantly, the policy was also sold with an 8% benefits increase provision. However, the company failed to apply the 8% increases to the lifetime and per occurrence benefits and has been cutting people off prematurely for years.
The case was filed in the United States District Court for the Southern District of Florida. Recently, the court issued a ruling that will require the company to apply the benefits increase to all of the policy benefits.
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Labels: 8% Rider, Pioneer Life, Washington National