The allegations read: Alleged fraud in sale of single premium life
insurance policy, and all cash equipment leasing lp. Arbitrator denied all claims of fraud. However awareded $16,800 to
plaintiff to recover penalty plaintiff paid for early termination of insurance policy ($85,000 single premium), and difference between lp (then) current value and purchase value.
my attorney said we would win in court, but that attorney fees would be much more than $16,000 for a protracted court case. Attorney prevailed upon me to accept arbitration award for financial reasons.
