Prudential Insurance Co. of America v. Stone
New York Court of Appeals
1Opinion of the CourtFinch, J.
This is an action to rescind a contract of life insurance on the ground of misrepresentation by the insured in the application for the policy.
On May 25,1930, William Stone applied to the plaintiff for a policy of life insurance, naming his wife, Dorothy Stone, as beneficiary. The application was accepted and on June 13, 1930, a policy was issued. By the terms of the policy the insured reserved the right to change the beneficiary. The premiums on the policy were paid by William Stone.
The policy contained the following clause: “ Incontestability. This Policy shall be incontestable after one…
2Cases cited3 opinions
- Mutual Life Insurance v. Hurni Packing Co.Supreme Court of the United States · 1923
- Monahan v. Metropolitan Life InsuranceIllinois Supreme Court · 1918
- Croker v. . WilliamsonNew York Court of Appeals · 1913
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