Wood v. Metropolitan Life Insurance

The policy sued upon was issued by the defendant company January 5, 1891, for $500, upon the life of Thomas B. Wood. It contained the following condition:

“ If said life dies by his or her own hand or act within three years from the date hereof, whether said life be sime or insane, this contract of insurance shall thereby and thereupon become void and of no effect; but, as an act of grace, the premiums received will be repaid to the person or persons designated in condition fifth herein, but no greater amount will be paid.”

Thomas B. Wood died September 8, 1891. On the next day after his death…