New York Life Faces Suit Over Record Requests
The plaintiff contends that New York Life set conditions that are impossible to fulfill.
New York Life is facing a suit that involves questions about the kinds of documentation an insurer can ask policy beneficiaries to provide.
Fredric Paul Gallin, the representative for the estates of Herbert and Lucille Gallin, filed the suit in a state court in Somerset County, New Jersey, earlier this month.
Herbert Gallin, the owner of a professional engineering firm, died in 2010, and his wife died in 2022.
Fredric Gallin, their son, says in the complaint that he began trying earlier this year to redeem outstanding policies that New York Life and related companies sold to his parents.
Gallin contends that New York Life set conditions that are impossible to fulfill.
“Defendants demanded pension plan documents going back to the 1980s — certified by the corporate secretary, and a corporate resolution,” according to the complaint. “Obviously, as Herbert Gallin has been dead for 13 years, his professional corporation has long since ceased operations.”
New York Life representatives were not immediately available to comment on the case.
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