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PETERSEN v. MUTUAL LIFE INS. CO.

No. S-3327.

803 P.2d 406 (1990)

A. Lee PETERSEN, Appellant, v. MUTUAL LIFE INSURANCE COMPANY OF NEW YORK, Appellee.

Supreme Court of Alaska.

December 14, 1990.

Attorney(s) appearing for the Case

Peter M. Page, Juneau and A. Lee Petersen, Anchorage, for appellant.

Andrew Guidi, Delaney, Wiles, Hayes, Reitman & Brubaker, Anchorage, for appellee.

Before MATTHEWS, C.J., and RABINOWITZ, BURKE and COMPTON, JJ.

OPINION

MATTHEWS, Chief Justice.

This case involves a $100,000 life insurance policy issued by Mutual Life Insurance Company of New York (MONY) on November 30, 1983, to A. Lee Petersen, on the life of his business associate Edward Burke. Burke died of a ruptured aorta on May 23, 1984. Soon after Burke's death, Petersen submitted a request for payment to MONY. On September 13, 1984, MONY notified Petersen that his claim was denied because, according to its...

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