• (p5) - After receiving these notices, John contacted Glasgow who had retired in 2000, to inquire why his policies would be terminating, even though he had timely paid the premiums on the policies for approximately 18 years.
• (p) - Premium payments in addition to the planned premium may need to be made to keep this policy and coverage in force." (Emphasis added.)
• When questioned by Glasgow's attorney about this language when he was deposed, John acknowledged that he understood its plain meaning:
  • "Q: What does that mean please, sir?
    • A: It means you may have to pay more to keep the policy in force.
    • "Q: All right. And you have no trouble understanding that language?
    • "A: I understand it.
    • "Q: Okay. And so you would have understood back in [19]89, when you got this policy, that you may be required to make additional premium payments in the future, is that right?
    • "A: Yes." 
• (p22) - John Hancock and Glasgow cannot be held liable for the negligent or wanton failure to procure insurance based on the Maloofs' failure to pay the required premiums; accordingly, the summary judgment was properly entered on this count.

2010 - LC - Maloof v. John Hancock Life Ins. Co. - Alabama Supreme Court Opinion  ---  [BonkNote]  ---  39p