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[Download] "Pittsburgh National Bank v. Mutual Life Insurance Company New York" by Supreme Court of Pennsylvania ~ Book PDF Kindle ePub Free

Pittsburgh National Bank v. Mutual Life Insurance Company New York

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eBook details

  • Title: Pittsburgh National Bank v. Mutual Life Insurance Company New York
  • Author : Supreme Court of Pennsylvania
  • Release Date : January 04, 1981
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 74 KB

Description

On October 12, 1972, at some time after 4:30 a. m., Carmen A. DeChesaro died of strangulation by a seat/shoulder belt after the auto he had been driving went off Noblestown Road, North Fayette Township, in Allegheny County. Dr. DeChesaros life insurance carrier, the Mutual Life Insurance of New York (MONY), refused to pay the face amounts of two policies and accidental death benefits on one policy of life insurance issued upon the life of Dr. DeChesaro, claiming that his death occurred as a result of suicide. As a result, three actions in assumpsit were instituted by Pittsburgh National Bank (PNB), trustee under a life insurance trust agreement for the wife of the decedent and his children against appellee, MONY. The aggregate claim in dispute under these three life insurance policies was in the amount of $250,000. These suits were consolidated for trial


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