Cassedy v. Connecticut General Life Insurance

This case is of interest because it is one of first impression in the State of New York.

The facts are as follows:

On or about August 2,1961, defendant issued group insurance Policy 29124-01, bearing the effective date of December 8, 1960, to the Trustees of Building Contractors Employers Association, Inc. Insurance Fund. Under a medical catastrophe expense benefits rider which was attached to, and formed a part of Policy 29124-01, at the time of issue the maximum amount payable for covered expenses was $10,000.

On or about September 6, 1961, Planet Construction Corporation, a participating…