Edwards v. National Life Accident Ins. Co.

On January 1, 1934, the National Life and Accident Insurance Company issued to Carrie McClan (Carrie McClaw) an industrial life insurance policy for $165, in which the plaintiff, William Edwards, was designated as beneficiary. All premiums due on the policy were paid up to June 2, 1938, at which time, upon the application of the insured, she secured a reduction in the amount of the death benefit from $165 to $66, with a corresponding decrease in weekly premiums due thereon. The reduced premiums were regularly paid until December 26, 1938, when the payments ceased and the policy lapsed. Carrie…