In Re the Accounting of McLaughlin

New York Court of Appeals

In Re the Accounting of McLaughlin

46 N.E.2d 349, 289 N.Y. 738, 1942 N.Y. LEXIS 1302

CourtNew York Court of Appeals

DecidedDecember 3, 1942

StatusPublished

Cited by5 cases

This text of 46 N.E.2d 349 (In Re the Accounting of McLaughlin) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

In Re the Accounting of McLaughlin, 46 N.E.2d 349, 289 N.Y. 738, 1942 N.Y. LEXIS 1302 (N.Y. 1942).

Pincite

Opinion

Order affirmed, with costs, upon the ground that the insurer, by the payment of death benefits due under its contract of insurance, must be deemed to have waived all questions of law or fact, except fraud, relating to the contract and which, by the exercise of reasonable inquiry, might have been raised at the time of such payment or prior thereto (National Life Ins. Co. v. Minch, 53 N. Y. 144, 151; Mutual Life Ins. Co. v. Wager, 27 Barb. 354, 368, 369; and see Couch Cyclopedia of Insurance Law, vol. 8, § 1954, p. 6497). No opinion.

Concur: Lotjghran, Finch, Rippey, Lewis, Conway and Desmond, JJ. Dissenting: Lehman, Ch. J., on the ground that under the terms of the policy the amount of insurance payable at the death of the insured was calculated upon the basis of the statement of his age made for that purpose by the insured; that the insurer *740 had no reason to question the truth of the statement and was entitled to rely upon it without independent inquiry and that a payment made in reliance upon that statement cannot constitute a waiver of any defense or claim that the insurer might have urged it if had been advised of the actual age of the insured.

Free access — add to your briefcase to read the full text and ask questions with AI

Order affirmed, with costs, upon the ground that the insurer, by the payment of death benefits due under its contract of insurance, must be deemed to have waived all questions of law or fact, except fraud, relating to the contract and which, by the exercise of reasonable inquiry, might have been raised at the time of such payment or prior thereto (National Life Ins. Co. v. Minch, 53 N. Y. 144, 151; Mutual Life Ins. Co. v. Wager, 27 Barb. 354, 368, 369; and see Couch Cyclopedia of Insurance Law, vol. 8, § 1954, p. 6497). No opinion.

Concur: Lotjghran, Finch, Rippey, Lewis, Conway and Desmond, JJ. Dissenting: Lehman, Ch. J., on the ground that under the terms of the policy the amount of insurance payable at the death of the insured was calculated upon the basis of the statement of his age made for that purpose by the insured; that the insurer *740 had no reason to question the truth of the statement and was entitled to rely upon it without independent inquiry and that a payment made in reliance upon that statement cannot constitute a waiver of any defense or claim that the insurer might have urged it if had been advised of the actual age of the insured.

Cite This Page — Counsel Stack

Bluebook (online)

46 N.E.2d 349, 289 N.Y. 738, 1942 N.Y. LEXIS 1302, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-accounting-of-mclaughlin-ny-1942.

Opinion

Related

Cite This Page — Counsel Stack