Kentucky Home Mut. Life Ins. Co. v. Leitner

Opinion of the Court by

Judge Sims

Reversing.

The appellees, as beneficiaries of a $5000 life insurance policy carried by their father, Andrew Leitner, in the Inter-Southern Life Insurance Company, sued appellant (hereinafter often referred to as the Company) to recover the amount of the policy after the death of the insured. In full of its liability under an agreement to reinsure the Inter-Southern policyholders, the Com- • pany pleaded it was indebted to and tendered appellees $800.83 cash (the face value of the policy less the lien and interest accumulated thereon, to which reference will…