Equitable Life Assurance Society of the United States v. Pool

On December 27, 1926, appellant issued its policy No. 7,510,848 to appellee in the principal sum of $1,000 insuring his life in favor of Maggie Pool as the beneficiary which policy contained a provision to pay the insured a disability annuity of $10 per month for total and permanent disability for a fixed monthly premium which policy also contained a waiver of payment of premiums on same for the duration of any total and permanent disability. Appellee was totally disabled prior to January 1, 1932, and appellant made monthly payments to him of $10 per month up to and until April, 1933. On the…