August Prange & Bankers Trust Co. v. International Life Insurance

RAGLAND, J. —

This case comes to the writer on reassignment. It is a suit on five policies of insurance, for the aggregate sum of $112,500 with interest, issued by defendant on the life of George Henry Prange. All of them are of the class known as non-participating life policies; the first provides for additional accidental death benefit and total disability benefit, otherwise their provisions are precisely the same. The first four are for $25,000 each and the last for $12,500. The defendant is incorporated under the laws of this State as an old-line insurance company, with its home office at…