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NORTHERN LIFE INS. CO. v. IPPOLITO REAL EST. PARTNERSHIP

No. 1-90-3316.

601 N.E.2d 773 (1992)

234 Ill. App.3d 792

176 Ill.Dec. 75

NORTHERN LIFE INSURANCE COMPANY, a corporation, Plaintiff-Appellee, v. IPPOLITO REAL ESTATE PARTNERSHIP, Ippolito Beauty Academy, Inc., and International Beauty Systems, Inc., Defendants-Appellants.

Appellate Court of Illinois, First District, Second Division.

January 14, 1992.

Attorney(s) appearing for the Case

Peterson & Ross, Chicago (J. Robert Geiman, David J. Novotny and Donald A. Murday, of counsel), for plaintiff-appellee.

Donald L. Johnson and Steven R. Hansen, Chicago, George T. Drost, Arlington Heights, for defendants-appellants.

Justice DiVITO delivered the opinion of the court:

Plaintiff Northern Life Insurance Company (Northern Life) brought suit to rescind six life insurance policies issued to John Ippolito on the ground that he had materially misrepresented the condition of his health when applying for the insurance. Defendants Ippolito Real Estate Partnership, Ippolito Beauty Academy, Inc., and International Beauty Systems, Inc., beneficiaries of the six policies, counterclaimed, seeking...

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