Sun Life Faces $30M Suit Over Denied Life Insurance Claims

Law360, Los Angeles (July 30, 2013, 2:07 PM EDT) -- Imperial Premium Finance LLC filed a $30 million breach of contract lawsuit against Sun Life Assurance Co. of Canada in Florida federal court on Monday, claiming the insurer fraudulently denied life insurance policy claims after making “unequivocal promises” it would not do so.

In a 27-page complaint, the Boca Raton, Fla.-based Imperial, which is a subsidiary of Imperial Holdings Inc., alleges that Sun Life engaged in a scheme to receive millions of dollars in premiums from policy owners while intending to renounce those policies.

Senior citizens...
To view the full article, register now.




Case Information

Case Title

Imperial Premium Finance, LLC v. Sun Life Assurance Company of Canada

Case Number



Florida Southern

Nature of Suit



Donald M. Middlebrooks

Date Filed

July 29, 2013

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.