Federal Court Rules for Our Accidental Death and Dismemberment Insurance Beneficiary Client in Securia Interpleader Case
Our interpleader client was the accidental death and dismemberment insurance beneficiary of an insured died in a motorcycle accident. This interpleader action, filed by Securian Life Insurance Company, was governed by federal ERISA law, was resolved in our client’s favor as the sole designated beneficiary.
At first, the competing beneficiary attorney’s position was that since his client was married to the insured when he died, state law required that she be paid. In this case, once we provided him with clear legal precedent that under ERISA law, the designated beneficiary must be paid, he agreed with our position and had no objection to my client receiving full benefits.
That agreement allowed us to resolve the case early, without going through a complete disputed claim process to judgment.
Results may vary. Every case is different, and no outcome can be guaranteed.
