- “The Law of Life Insurance: Key Issues in Each State - New York,” DRI Defense Library Series
- May 18, 2017 | Author: Fallyn B. Cavalieri
- Law Firms: Goldberg Segalla LLP - Buffalo Office; Goldberg Segalla LLP - New York Office
“For a life insurance contract to be valid, the policy’s beneficiary must have an ‘insurable interest’ in the life the policy insures,” write Fallyn B. Cavalieri and Alex J. Yastrow, associates in Goldberg Segalla’s Life, Health, Disability, and ERISA Practice Group.
In DRI’s The Law of Insurance: Key Issues in Each State, Fallyn and Alex provide an overview of life insurance law in New York state. Referencing specific statutes and laws, they discuss life insurance contract formation, policy maintenance, beneficiary changes, payment of life claims, contested claims, material misrepresentations, and claims defense. The chapter appears as part of a larger compendium put together as a comprehensive 50-state reference for life insurance companies and attorneys.