Glassey v. Metropolitan Life Insurance
New York Supreme Court
Appeal from circuit court, Kings county. Action by Delia Glassey against the Metropolitan Life Insurance Company on two policies of life insurance. From a judgment entered on a verdict in favor of plaintiff, and from an order denying a motion for a new trial, defendant appeals. Affirmed.
1Opinion of the CourtPratt, J.
The provision in the policies for forfeiture in case of nonpayment of premiums was for the benefit of the company, and could be waived. The evidence of waiver was properly submitted to the jury, and the verdict was justified by the evidence. The acts of the agents from which waiver was implied were within the scope of the duties of the agents, and their legal effect does not depend upon the contract between the parties.
The objection of no insurable interest has no validity. One may insure his own life, and the policy, when issued, will be valid in the hands of the assignee. In the case at bar…
2Cited by3 opinions
- Robinson v. United States Mut. Acc. Ass'n of New YorkU.S. Circuit Court for the District of Eastern Missouri · 1895
- Rowe v. Brooklyn Life InsuranceNew York Supreme Court · 1896
- Teckemeyer v. Supreme CouncilAppellate Division of the Supreme Court of the State of New York · 1896