Union Central Life Ins. Co. v. C.M. Ins. Assn.

OPINION

By HAMILTON, J.

The question for determination,. therefore, resolves itself, into whether or not the taking over of the property by the mortgagee is such a “change of ownership” as would work a forfeiture under the loss payable clause. There is. no forfeiture provision in the policy. The fact is, as suggested by 'the trial court, that the -policy is exceptionally free from conditions. The policy -does not provide that the insured must be the owner of' the property, does not provide for forfeiture for airy reason, and there is no provision against alienation. The policy is very sweeping…