American Insurance Union v. Woodard

Opinion by

STEPHENSON, O.

The Home Protective Association, a fraternal insurance company, issued a contract of insurance to Jacob Woodard, one of its members. The contract provided that the insurance company would pay to the beneficiary .$100 if the insured died within six months from the date of the certificate. The contract further provided that the face value of the policy should be increased $12.50 each calendar month, until the liability reached che sum of $1,000. -The policy was issued in May, 1917. The American Insurance Union assumed the obligation of the Home Protective Association in…