March 06, 2012 | New York Law Journal
Enforceability of Incontestability Clauses in 'STOLI' PoliciesNathaniel Z. Marmur, a member of Stillman & Friedman, and Aaron Twersky, an associate at Jacob Laufer, review a recent New York State Court of Appeals decision which upheld a "clean" Stranger Originated Life Insurance policy (one that did not have any misrepresentations in the application), and two recent federal district court cases that gave different weight to incontestability clauses.
By Nathaniel Z. Marmur and Aaron Twersky
14 minute read
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