Anne D. Allen, as Executrix of the Estate of Harley Allen, Deceased, and Anne D. Allen

Summary

The Supreme Court of New Jersey reversed the Appellate Division and held that the conditional receipt given to the applicant was ambiguous and, under the ordinary layperson’s understanding, provided interim coverage pending the insurer’s approval, making the insurer liable for the face amount of the policy despite the applicant’s subsequent determination of uninsurability.