Travelers Insurance Company v. Lewis

ELLETT, Justice:

During his lifetime and while he was married to his first wife, William E. Lavender took out an insurance policy on his own life and named his wife as beneficiary. Matrimonial difficulties beset the marriage, and the wife subsequently secured a decree of divorce containing the following language:

6. The defendant is hereby ordered to maintain in full force and effect the $5,000.00 life insurance policy on the life of the defendant with the plaintiff as beneficiary and the three minor children of the parties as contingent beneficiaries in the event the plaintiff remarries or…