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Sarah Delaney Quoted in “Battle Not Over In NJ After ‘Stranger’ Life Policy Ruling,” Law360
June 10, 2019
Sarah J. Delaney
Sarah J. Delaney, a partner with Goldberg Segalla and a member of the Global Insurance Services practice, spoke with Law360 following the New Jersey Supreme Court’s decision to ban “stranger-originated” life insurance policies.
In “Battle Not Over In NJ After ‘Stranger’ Life Policy Ruling,” Sarah talks about the potential gray areas that the New Jersey court did not confront.
“If you go in intending to procure the policy for the benefit of third-party investors, and those investors fund it from the beginning, that is a pretty clear-cut example of when a policy would be void ab initio,” Sarah said.
Read the full article:
- “Battle Not Over In NJ After ‘Stranger’ Life Policy Ruling,” Law360, June 7, 2019