Legal Opinion
Axelroad v. Metropolitan Life Insurance
New York Court of Appeals
Decided May 21, 1935PublishedCited by 25 opinions
1Opinion of the CourtLehman, J.
In January, 1924, the defendant issued a policy insuring the life of Charles Axelroad in the sum of $20,000. The insured failed to pay the premium which fell due in January, 1933, and the policy lapsed. The policy contained a provision that: “ If this policy shall lapse in consequence of non-payment of any premium when due, it may be reinstated at any time upon the production of evidence of insurability satisfactory to the Company, and the payment of all overdue premiums with interest at six per centum per annum.” The unpaid premium was $505.20. Before the policy lapsed the insured took the…
2Cases cited8 opinions
- Sternaman v. . Metropolitan Life Ins. Co.New York Court of Appeals · 1902
- Archer v. Equitable Life Assurance Society of the United StatesNew York Court of Appeals · 1916
- Drilling v. . New York Life Ins. Co.New York Court of Appeals · 1922
- McCormack v. Security Mutual Life InsuranceNew York Court of Appeals · 1917
- Miller v. . Phoenix Mutual Life Ins. Co.New York Court of Appeals · 1887
3 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Halpin v. Prudential Insurance Co. of AmericaNew York Court of Appeals · 1979
- Gillan v. Equitable Life Assurance SocietyNebraska Supreme Court · 1943
- Hurley v. John Hancock Mutual Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1936
- Cutrone v. American General Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1993
- Bogosian v. New York Life InsuranceMassachusetts Supreme Judicial Court · 1944
20 more not listed; retrieve them via the Exa API.