Mutual Benefit Life Insurance Co. v. JMR Electronics Corp.
United States Court of Appeals for the Second Circuit
848 F.2d 30 (1988)
- Written by Rich Walter, JD
Facts
Based on the representation of the president of JMR Electronics Corporation (JMR) (defendant) that he had never smoked cigarettes, Mutual Benefit Life Insurance Company (Mutual) (plaintiff) issued a “key man” insurance policy insuring the president’s life at a discounted nonsmoker’s rate. After the president died, Mutual discovered that he was a longtime smoker. Mutual brought a diversity suit against JMR to void the policy. JMR contended that even had Mutual known the truth from the outset, Mutual would still have insured the president’s life, albeit at the smoker’s rate. The district court issued summary judgment for Mutual and ordered the contract’s rescission. JMR appealed to the Second Circuit.
Rule of Law
Issue
Holding and Reasoning (Per curiam)
What to do next…
Here's why 832,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 46,500 briefs, keyed to 994 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.
