Rosen v. Equitable Life Assurance Society

Lehman, Ch. J.

The defendant Equitable Life Assurance Society-executed and delivered to Isidore Rosen two “ policies of retirement annuity.” Under the terms of the policies death benefits were payable upon the death of the annuitant to the beneficiary named in the policies. Rosen died on September 28, 1941, while these policies were in effect. After his death his wife, the plaintiff Irma Rosen, began an action to recover the proceeds of the policies, alleging in her complaint that “ on the 17th day of October, 1940, the said Isidore Rosen duly assigned said policy of insurance and the proceeds…