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FUREY SR. v. GUARDIAN LIFE INSURANCE COMPANY

261 A.D.2d 355 (1999)

689 N.Y.S.2d 208

JAMES M. FUREY, SR., et al., Appellants, v. GUARDIAN LIFE INSURANCE COMPANY, Respondent.

Appellate Division of the Supreme Court of the State of New York, Second Department.

Decided May 3, 1999.

Ordered that the order is affirmed, with costs.

In 1986 and 1987 the plaintiff, James M. Furey, Sr. (hereinafter the plaintiff), purchased two life insurance policies from the defendant. The plaintiff alleges that he was induced to buy the policies based upon illustrations provided by the defendant which demonstrated the "vanishing premium" feature of these policies. The illustrations indicated that after a specified number of years no further out-of-pocket premium...

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