Ga. Justices Query Validity of $500,000 Life Insurance Policy

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By Rosie Manins (June 21, 2022, 5:42 p.m. EDT) – Georgia Supreme Court justices tussled Tuesday with the intent behind a $500,000 life insurance policy for an HIV-positive man who killed him sold to an investor, and if the insured’s apparent bad faith has prohibited the investor from collecting under the policy.

The state’s highest court heard arguments on Georgian law issues in a case before the Eleventh Circuit, over the policy issued in January 1999 to Kelly Couch, who sold it later that year through a broker to the Sterling Crum investor.

A Georgia federal judge ruled in March 2020, after a bench trial, that the policy was void “ab initio”,…

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