Hagman v. Equitable Life Assurance Society of the United States

Opinion of the Court by

Commissioner Hobson

Reversing.

Tbe Equitable Life Assurance Society of tbe United States on September 2, 1920, issued to Wilham Gr. Hag-man a policy by which, in consideration of tbe payment of an annual premium of $981.00, it insured bis life, and in addition tbe policy contained tbe following provisions:

“If the insured . . . provided all premiums have been paid and this policy is in full force and effect, becomes physically.....incapacitated to snch an extent that he is and mil be wholly and presumably permanently unable to engage in any occupation or perform any work…