Legal Opinion

Klonick v. Equitable Life Assurance Society of the United States

New York Supreme Court

Decided March 12, 1974Published

1Opinion of the CourtJames H. Boomer, J.

Plaintiff, a holder of a life insurance policy issued by the defendant, a mutual life insurance company, demands in his complaint a judgment declaring that he has the *247right to an accounting of all dividends payable to him under the terms of the policy.

The company has already furnished plaintiff a statement of the dollar amount of dividends credited to him for each year his policies have been in force. He now seeks a detailed account setting forth the method of calculation of the total amount of dividends declared by the company for each year as well as the method of apportionment of the total…

2Cases cited7 opinions

  1. Matter of SteinwayNew York Court of Appeals · 1899
  2. Uhlman v. . New York Life Ins. Co.New York Court of Appeals · 1888
  3. Fur & Wool Trading Co. v. George I. Fox, Inc.New York Court of Appeals · 1927
  4. Waller v. First Bank & Trust Co.New York Supreme Court · 1957
  5. Williams v. New York Life Insurance Co.New York Supreme Court · 1958

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