Life Benefit, Inc. v. Forbragd

On the 29th day of May, 1934, the Life Benefit, Inc., plaintiff herein, a mutual assessment life in surance company, issued a policy of insurance on the life of Alvin 0. Forbragd, with Agnes B. Forbragd, wife of the insured, named as beneficiary. No medical examination of Forbragd was made before the policy was issued, but he was required to answer a list of questions pertaining to his insurability, and it was upon the assumption that these questions were truthfully answered that the policy was issued. The policy contained the following conditions, to wit: that if the dues and assessments…