McDonald v. McDonald

Appellee brought her action at law against the Fidelity Mutual Life Insurance Company on a policy of life insurance. The insured was' plaintiff’s (appellee’s) husband at the time of his death; but she was his second wife, and the policy had been purchased during the life of the first wife who was then named therein as beneficiary. It provided as follows:

“The insured, upon presentation of this policy for proper indorsement, may, with the written approval of the president or vice president, and while this policy is in force, change the beneficiary hereof. Such change shall take effect upon the…