Legal Opinion
Equitable Life Assurance Society of the United States v. Wilson
Court of Chancery of Delaware
Decided February 18, 1941PublishedCited by 7 opinions
1Opinion of the Court
The Vice-Chancellor :
The question presented is whether certain statements made by insured to obtain rein-statements of a policy of life insurance, which had lapsed for non-payment of premiums, were of such character as to justify rescission of the reinstatements.
The policy is in the face amount of two thousand dollars and is dated October 28, 1920. Insured paid premiums quarterly as he was required to do; but failed to pay, within the period of grace allowed, the premium which fell due on October 28, 1937. In consequence, the insurance lapsed. The policy contains the following provision:
“Reins…
2Cases cited11 opinions
- Moulor v. American Life InsuranceSupreme Court of the United States · 1884
- Penn Mut. Life Ins. v. Mechanics' Savings Bank & Trust Co.Court of Appeals for the Sixth Circuit · 1896
- McClain v. Provident Sav. Life Assur. Soc. of New YorkCourt of Appeals for the Third Circuit · 1901
- Shapiro v. Metropolitan Life InsuranceSupreme Court of New Jersey · 1933
- Missouri State Life Insurance v. WittSupreme Court of Arkansas · 1923
6 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Harris v. New York Life InsuranceCourt of Chancery of Delaware · 1943
- Prudential Insurance Co. of America v. GutowskiSupreme Court of Delaware · 1955
- Prudential Insurance Co. of America v. FordCourt of Chancery of Delaware · 1958
- AMERICAN CASUALTY CO. OF READING, PA. v. FordCourt of Chancery of Delaware · 1963
- American Casualty Co. v. FordCourt of Chancery of Delaware · 1963
2 more not listed; retrieve them via the Exa API.