Swanson Ex Rel. Swanson v. First Fidelity Life Insurance

Defendant-appellant, First Fidelity Life Insurance Company (First Fidelity), appeals from the summary judgment entered in favor of the plaintiffappellee, Van Robert Swanson, a minor, under a policy of life insurance covering plaintiff’s father, Robert L. Swanson. We affirm.

First Fidelity issued a $30,000 10-year nonparticipating convertible term policy to Robert L. Swanson on May 26, 1970, which provided: “At any time more than three full years before the Expiry Date on legal surrender while in full force, this Policy may be exchanged without evidence of insurability for a term policy of the…