Olsen v. Hawkins

KNUDSON, Justice.

Under date of January 1, 1953, Hobart A.. Turner (hereinafter referred to as Turner), while an employee of the Union Pacific Railroad Company (hereinafter referred to as the Railroad), procured a life insurance policy upon his own life from defendant, The Equitable Life Assurance Society of the United States, in the amount of $3,500.00. Myrl L. Turner, his then wife, was named therein as beneficiary. Mrs. Turner died during 1956.

Under a written change of beneficiary which became effective January 9, 1957, respondents were designated as beneficiaries-under the policy.…