Legal Opinion
Florence v. Metropolitan Life Insurance
City of New York Municipal Court
Decided February 9, 1939PublishedCited by 6 opinions
1Opinion of the CourtGoldstein, J.
The facts here are not in dispute. On January 1, 1931, the defendant issued its insurance policy in the amount of $2,000 to Ernest J. Wells, in which policy the plaintiff, Florence S. Wells, his wife, was designated as beneficiary. The premiums were paid regularly by the policyholder until July 1, 1936, when the policy was in default because of non-payment of premium. By the terms of the policy he was from that date on entitled to “ extended term insurance,” which was to be paid for by the cash value or net equity of the policy as of that date. If that cash value or net equity was $24.73, it…
2Cases cited4 opinions
- German Alliance Insurance v. LewisSupreme Court of the United States · 1914
- Rhine v. New York Life InsuranceNew York Court of Appeals · 1936
- Rhine v. New York Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1936
- Finley v. Massachusetts Mut. Life Ins. Co.Supreme Court of Louisiana · 1931
3Cited by6 opinions
- Kimberly-Clark Corp. v. Factory Mutual InsuranceCourt of Appeals for the Fifth Circuit · 2009
- Kern v. John Hancock Mutual Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1959
- Menin v. New York Life InsuranceNew York Supreme Court · 1941
- Wells v. Metropolitan Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1940
- In re the Accounting of Hanover BankNew York Surrogate's Court · 1954
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