Lee v. Preiss

The position of defendant Preiss appears to be that where, under a life insurance contract, the insured has the right to change the beneficiary and does so, the beneficiary under the designation in effect at the time of death is entitled to the proceeds, notwithstanding the insured’s extraneous agreement with a former beneficiary not to change the designation or other promises and representations of the type alleged in the complaint. Defendant sufficiently established in support of her motion for summary judgment, that the contract reserved to the insured the right to change the beneficiary…