Venigalla v. Penn Mutual Insurance
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Order unanimously reversed, on the law, with costs, and plaintiff’s motion granted. Memorandum: On July 12, 1984, Dr. Venigalla S.K. Prasad completed an application for a flexible premium adjustable life insurance policy in the amount of $965,000, payable in the event of his death. Defendant insurance company’s agent, Dennis J. McNerney, accepted Dr. Prasad’s check for $1,000, the initial premium payment. Sometime after making this application, Dr. Prasad had a physical examination and defendant concedes that he met their insurability standards. However, before the policy could be delivered,…
2Cases cited9 opinions
- Breed v. Insurance Co. of North AmericaNew York Court of Appeals · 1978
- State v. Home Indemnity Co.New York Court of Appeals · 1985
- Thomas J. Lipton, Inc. v. Liberty Mutual InsuranceNew York Court of Appeals · 1974
- Lachs v. Fidelity & Casualty Co.New York Court of Appeals · 1954
- Sincoff v. Liberty Mutual Fire InsuranceNew York Court of Appeals · 1962
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3Cited by21 opinions
- Kula v. State Farm Fire & Casualty Co.Appellate Division of the Supreme Court of the State of New York · 1995
- Hartford Insurance v. HaltAppellate Division of the Supreme Court of the State of New York · 1996
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- Oot v. Home Insurance Co. of IndianaAppellate Division of the Supreme Court of the State of New York · 1998
- Rocon Manufacturing, Inc. v. FerraroAppellate Division of the Supreme Court of the State of New York · 1993
16 more not listed; retrieve them via the Exa API.