Legal Opinion

Acacia Mutual Life Assn. v. Kaul

New Jersey Court of Chancery

Decided November 28, 1933PublishedCited by 8 opinions

1Opinion of the Court

The bill is filed by the complainant life insurance company against the defendant, for the rescission, surrender and cancellation of a policy of insurance issued upon the life of defendant — upon the ground of fraudulent and material misrepresentation by defendant in the procurement of the policy.

The policy was issued June 1st, 1930; it lapsed January 1st, 1931, for failure of defendant to pay quarterly premium due December 1st, 1930; it was reinstated by the complainant January 28th, 1931, on receipt of the premium in arrears plus interest, plus a certificate by defendant that he was in good…

2Cases cited3 opinions

  1. Commercial, C., Co. v. Southern Surety Co.New Jersey Court of Chancery · 1926
  2. Shapiro v. Metropolitan Life InsuranceSupreme Court of New Jersey · 1933
  3. Smith v. Prudential Insurance Co. of AmericaSupreme Court of New Jersey · 1912

3Cited by8 opinions

  1. Harris v. New York Life InsuranceCourt of Chancery of Delaware · 1943
  2. Goldman v. New York Life Ins. Co.New Jersey Court of Chancery · 1934
  3. Equitable Life Assurance Society of the United States v. WilsonCourt of Chancery of Delaware · 1941
  4. Feder v. Bankers Nat. Life Ins. Co.New Jersey Superior Court Appellate Division · 1968
  5. Feder v. BANKERS NAT'L LIFE INS. CO.New Jersey Superior Court Appellate Division · 1967

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