American Nat. Ins. Co. v. Jones

• JOHNSON, Chief Justice.

Appellant, American National Insurance Company, issued its policy of life insurance, of date February 9, .1922, to appel-lee, Sanders Holmes Jones, agreeing to pay to his wife as beneficiary the sum of $2,000 upon death of. the insured, or to pay certain monthly installments upon his suffering total and permanent disability. This suit is by appellee to recover upon the disability provisions of the policy, the pertinent terms of which provisions are as follows:

“ * * * Or agrees to pay to the owner of the policy $2720.00 in 20 equal annual installments of $136.00 each *…