The Supreme Court of Georgia has become the latest venue for disputes over credit life insurance policies that have resulted in allegations and counter-allegations — not just between insurance companies and consumers, but among the plaintiffs lawyers who represent them.
At issue is litigation over the life and disability insurance policies consumers buy when they take out a retail loan, such as a car loan. The policies cover payment of the loans in the event of death or disability, and the premiums for such policies are paid up front and rolled into the loan.
