New York Life Ins. Co. v. Steinman

The question for determination herein is whether a court of equity may properly entertain a bill filed by a life insurance company after the death of the insured for the cancellation and surrender of the policy of insurance and to enjoin the beneficiary from bringing an action at law thereon, when the bill is wholly based upon fraud of the insured in obtaining the policy. That question has been raised by a motion of defendant to dismiss the bill on the ground of the existence of an adequate remedy at law.

My views touching the right of a court of equity to entertain a bill of this general…