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BLEGEN v. MONARCH LIFE INS. CO.

No. C8-84-1504.

365 N.W.2d 356 (1985)

Robert A. BLEGEN as Trustee and Plan Administrator of the Money Purchase Pension Plans of Conrad Sheet Metal Company, Inc., H. Conrad Manufacturing Co., Willmar Sheet Metal, Inc., and Southside Plumbing & Heating Co., Appellant, v. MONARCH LIFE INSURANCE CO., et al., Respondents.

Court of Appeals of Minnesota.

April 9, 1985.

Attorney(s) appearing for the Case

James T. Martin, Minneapolis, for appellant.

John B. Gordon, Minneapolis, for respondents.

Heard, considered and decided by HUSPENI, P.J., and FOLEY, Judge, and WOZNIAK, JJ.

OPINION

FOLEY, Judge.

This is an action to obtain damages from Monarch Life Insurance Company and its agent, William Helms, for alleged misrepresentations concerning the rate of return of an annuity. At the close of the plaintiff's case, the trial court directed a verdict in favor of Monarch and Helms on several grounds. We affirm.

FACTS

In the 1960's, Harold Conrad was the owner of four small companies. Conrad sought to establish a pension...

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