American United Life Ins. Co. v. Goodman, Guardian

March. 2, 1923, American Central Life Insurance Company issued to Elizabeth Taylor Sellers two policies of life insurance identical in terms for the principal sum of $2,500 under each policy. Appellant, American United Life Insurance Company, is the successor in interest of the original insurer.

These policies contained a provision by which, for the consideration of $7.43 included in the annual premium of $126.48, appellant agreed to pay disability benefits of $25 per month to the insured in the event of permanent and total disability as provided in the policy.

September 2, 1938, appellee filed…