Healy v. Prudential Ins. Co. of America
New York Supreme Court
Action by Johanna Healy against the Prudential Insurance Company of America. Submitted on an agreed statement of facts. Judgment for defendant.
1Opinion of the CourtKelly, J.
The plaintiff, the beneficiary named in the policy of insurance issued to her deceased husband, claims, in effect, that the making of a loan upon the policy by the insurance company to her husband without her knowledge arid consent was a violation of her rights as beneficiary. The policy lapsed because of nonpayment of premiums in November, 1908, but, having been in existence for five" years, the insured was entitled upon such lapse to the issuance of a paid-up policy to be in force for a limited period. This limited period was affected by the existence of any debt owing to the company by the…
2Cited by4 opinions
- Schuberth v. Prudential Insurance Co. of AmericaSuperior Court of Pennsylvania · 1925
- Morgan v. Prudential Ins. Co. of AmericaSupreme Court of Alabama · 1923
- Sand v. Merchants National Bank & Trust Co.North Dakota Supreme Court · 1957
- Sand v. MERCHANTS NATIONAL BANK & TRUST COMPANYNorth Dakota Supreme Court · 1957