ASHKENAZI v. AXA EQUITABLE LIFE INSURANCE COMPANY

6643, 115034/07, 6644

91 A.D.3d 576 (2012)

937 N.Y.S.2d 215

2012 NY Slip Op 644

ALEXANDER ASHKENAZI, as Trustee of the ZABLIDOWSKY LIFE INSURANCE TRUST, Appellant, v. AXA EQUITABLE LIFE INSURANCE COMPANY, Respondent.

Appellate Division of the Supreme Court of New York, First Department.

Decided January 31, 2012.


In this stranger owned life insurance case, plaintiff Alexander Ashkenazi, as Trustee of the Zablidowsky Life Insurance Trust (the Trust), sued defendant AXA, alleging breach of contract and seeking payment on two life insurance policies, for $5 million and $3 million, respectively. The Trust was the owner and beneficiary of both policies, each of which insured the life of Estelle Zablidowsky, an elderly woman of modest means. AXA moved for summary judgment prior to the completion...

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