Acacia Mutual Life Assn. v. Kaul
New Jersey Court of Chancery
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
- Commercial, C., Co. v. Southern Surety Co.New Jersey Court of Chancery · 1926
- Shapiro v. Metropolitan Life InsuranceSupreme Court of New Jersey · 1933
- Smith v. Prudential Insurance Co. of AmericaSupreme Court of New Jersey · 1912
3Cited by8 opinions
- Harris v. New York Life InsuranceCourt of Chancery of Delaware · 1943
- Goldman v. New York Life Ins. Co.New Jersey Court of Chancery · 1934
- Equitable Life Assurance Society of the United States v. WilsonCourt of Chancery of Delaware · 1941
- Feder v. Bankers Nat. Life Ins. Co.New Jersey Superior Court Appellate Division · 1968
- Feder v. BANKERS NAT'L LIFE INS. CO.New Jersey Superior Court Appellate Division · 1967
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