Legal Opinion
Prudential Insurance Co. v. Gleim
New Jersey Court of Chancery
Decided February 18, 1942No. Docket 139/244PublishedCited by 2 opinions
1Opinion of the Court
On July 18th, 1938, complainant issued a policy of insurance on the life of Charles A. Gleim, the decedent. No beneficiary was named therein. It contained a provision known as "Facility of Payment" clause, which reads as follows:
"Except as payment of death benefits shall be made to a Beneficiary designated by proper endorsement hereon, the Company may make any payment or allow any benefit provided in this policy to any of the Insured's relatives by blood or connections by marriage or any person appearing to the Company to be equitably entitled thereto by reason of having incurred expense for…
2Cases cited6 opinions
- Prudential Insurance Co. of America v. GodfreyNew Jersey Court of Chancery · 1909
- Prudential Insurance Co. v. MantzNew Jersey Court of Chancery · 1941
- The Trust Co. of N.J. v. BiddleSupreme Court of New Jersey · 1933
- Caveny v. HealeySupreme Court of New Jersey · 1920
- Prudential Insurance Co. of America v. GodfreySupreme Court of New Jersey · 1910
1 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Middlesex County Welfare Board v. MotolinskyNew Jersey Court of Chancery · 1944
- Walsh v. John Hancock Mutual Life InsuranceSuperior Court of Pennsylvania · 1972