Life Insurance Obligation in a Divorce -- No Reduction
In a Decision – Bischoffv Bischoff - (an "Unreported Decision") >>
The Court Held:
The Appellate Court affirmed the Order denying the reduction when Alimony was reduced, because the Life Insurance represented more than an alimony assurance.
{In ruling on the Life Insurance issue, the judge recognized that the large death benefit — with defendant's considerable contribution to the premium — was not intended solely as a means of ensuring the alimony obligation…. For this and the other reasons thoroughly described in his written opinion, the judge concluded that the Life Insurance policy should be left unaltered but, also, that fairness and equity required defendant's larger contribution toward the premium.}