UNITED BENEFIT LIFE INSURANCE CO. OF OMAHA v. Boyd

OPINION

WARD, Justice.

This is an appeal from a summary judgment awarding the appellee the sum of $5,000.00 as beneficiary under a life insurance policy issued on the life of a minor. This case principally concerns an interpretation of Article 3.49-1 and Article 3.49-2 of the Texas Insurance Code, V.A.T.S., as viewed against the background of the history of our law on insurance. We fail to agree with the contentions of either party, and reverse and remand the case to the trial court.

The facts are that the appellee became a friend of Randall D. Jarrell when Randall was about twelve years of age.…