Jerome

Jerome is a South Dakota farmer. Back in 1976, he took out a disability insurance policy that promised to pay if an injury left him unable to farm. Disability insurance was important to Jerome because he only had one good arm to start with. You see, Jerome suffered an injury to his left arm at birth, making it useless in farming. After paying premiums for over 20 years, Jerome badly injured his right arm in a farm accident. An insurance company doctor agreed that Jerome could not farm. No longer able to make a living at farming, he asked his insurance company to live up to its promises. His insurance company began making payments but after a few years, it was bought by a larger corporation. This new corporation began looking for ways to save money. It not only canceled Jerome’s benefits but demanded he write an immediate check for $20,000 to repay the money it had paid him for his disability. Unbelievable? That’s what we thought. We sued them. We think insurance companies should keep their promises.