Legal Question in Credit and Debt Law in Wisconsin

Refund on Insurance Policy

My husband had a business liability policy with a company. We canceled the policy. The company sent us a refund check, which we cashed. They now say it was the wrong amount and we owe them money and they are billing us.

We did not know at the time we cashed the check that is was an incorrect amount.

Are we legally responsible to pay back the money?

Thank you.


Asked on 8/23/05, 11:55 am

1 Answer from Attorneys
JAY Nixon nixon law offices

Re: Refund on Insurance Policy

There are very few situations in the law where a party is not allowed to correct a good faith error.

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Answered on 8/23/05, 12:00 pm


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