Frey v. Great Southern Life Ins. Co.

HAMITER, Judge.

Lloyd M. Frey, plaintiff herein, is the insured under two life insurance policies issued by the Louisiana State Life Insurance Company on October 29, 1923. The premiums thereon are payable on October 7th of each year. Subsequent to the issuance of the policies, the assets and liabilities of that company were transferred to and .assumed and accepted by the Great Southern Life Insurance Company.

Each policy contains the following provisions which are relevant to a decision of this case, viz:

“Louisiana State Life Insurance Company * * * promises to pay for the Insured the premiums…