Metropolitan Life Ins. Co. v. Bramlett

It is clear that in a controversy between the first beneficiary named in a policy of life insurance and one who was substituted for him upon the written request of the insured, who was then insane, and in a controversy between such first beneficiary and the insurer before it has paid the amount of the loss to the substituted beneficiary, or after such payment has been made with notice of the insanity, the right to recover the loss is in the first-named beneficiary, though he had no vested right as such until the loss occurred. Under such circumstances no one of them had acted to his prejudice…