Life Policy With $21M Payout Voided As Illegal Life Wager

By Hope Patti · April 22, 2026, 2:29 PM EDT

A Delaware federal court voided a life insurance policy as an unlawful wager on a now-deceased Florida woman's life, finding that Ameritas Life Insurance Corp. is entitled to retain the policy's...

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Documents

Case Information

Case Title

Ameritas Life Insurance Corp. v. U.S. Bank, National Association

Case Number

1:22-cv-00623

Court

Delaware

Nature of Suit

Insurance

Date Filed

May 10, 2022