Policy was purchased with a single premium in the 1980s by insured's parents, who lived in Wisconsin at the time, and later moved to Florida.
Several years after purchase, policy was turned over to ownership of insured, who lived in Pennsylvania then, but lives in Maryland now (with a 6 year stop in New Jersey in between).
Seller's letterhead (at tme of sale, I think) indcated they were in Illinois. Their current successor-company corresponds w/insured from offices (call centers?) in Tennessee and Alabama.
Which state or states have any official say in this matter? Should insured contact their Insurance Commissions? Better Business Bureaus? Other agencies?
Time is of the essence, as insurer is demanding a loan repayment of almost $9,000 by end of grace period, Jun 17 2011
Personal Injury Lawyer
You can contact the insurance department in your state.
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It doesn't matter where you live or where the company is. Read your policy. Near the end of it it should ave a governing law/dispute resolution c;ause that says which state's law governs the contract's interpretation and enforcement.
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