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COHEN v. PRUDENTIAL INS. CO.

58 N.J. Super. 37 (1959)

155 A.2d 304

HERMAN L. COHEN, ET AL., PLAINTIFFS, v. THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, A CORPORATION OF NEW JERSEY, DEFENDANT.

Superior Court of New Jersey, Chancery Division.

Decided October 30, 1959.

Attorney(s) appearing for the Case

Messrs. Meyers and Lesser (Mr. Samuel B. Lesser appearing), attorneys for plaintiffs.

Messrs. Stryker, Tams & Horner (Messrs. Josiah Stryker and Arthur C. Dwyer appearing), attorneys for defendant.

SCHERER, J.S.C.

The problem to be resolved in this case is one of first impression in New Jersey. The defendant, a mutual life insurance company, issued five policies of ordinary insurance on the life of the plaintiff Herman L. Cohen, which he still owns. They were issued between April 14, 1919 and December 26, 1930. The first two were 20-payment life policies, and the latter three originally were whole-life policies but later were converted at the request of the...

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