Legal Opinion
United States Life Insurance v. Blumenfeld
Appellate Division of the Supreme Court of the State of New York
Decided February 14, 2012PublishedCited by 18 opinions
1Opinion of the Court
On April 25, 2006, plaintiff insurer issued a life insurance policy with a $5,000,000 death benefit, requiring quarterly premiums of $70,658.25. Defendant Rebeka Blumenfeld was the insured, and the beneficiary/policy owner was defendant the Blumenfeld Family Irrevocable Life Insurance Trust (the Trust). The policy included a two-year contestability clause, pursuant to Insurance Law § 3203 (a) (3).
Defendant insured, who was retired and in her late 70s, represented in her January 2006 life insurance application to plaintiff that she had a net worth of $35-40 million and household income of…
2Cases cited4 opinions
- Continental Insurance v. Helmsley Enterprises, Inc.Appellate Division of the Supreme Court of the State of New York · 1995
- Security Mutual Life Insurance v. RodriguezAppellate Division of the Supreme Court of the State of New York · 2009
- Securities & Exchange Commission v. Credit Bancorp, Ltd.District Court, S.D. New York · 2001
- United States Life Insurance v. GrunhutAppellate Division of the Supreme Court of the State of New York · 2011
3Cited by18 opinions
- Continental Casualty Co. v. Marshall Granger & Co.District Court, S.D. New York · 2014
- Principal Life Insurance v. Locker GroupDistrict Court, E.D. New York · 2012
- Leading Insurance Group Insurance Co. v. Xiao Wu ChenAppellate Division of the Supreme Court of the State of New York · 2017
- American General Life Insurance v. SalamonCourt of Appeals for the Second Circuit · 2012
- 463 Saddle Up Tremont LLC v. Union Mut. Fire Ins. Co.Appellate Division of the Supreme Court of the State of New York · 2022
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