Principal Nat'l Life Ins. Co. v. Coassin

Calabresi, Circuit Judge:

In this appeal from a bench trial, we must decide whether the District Court properly denied an insurance company's *132motion to rescind a life insurance policy on the basis of misrepresentations made by the deceased when applying for the policy. The District Court found that the deceased had made misrepresentations in his life insurance application. It concluded, however, that the deceased's misrepresentations were immaterial and denied the motion to rescind.

In reaching this result, the District Court relied on Pinette v. Assurance Co. of America , 52 F.3d 407 (2d Cir.…