Kentucky Home Life Ins. Co. v. Marks

Opinion op the Court by

Stanley, Commissioner—

Affirming.

The life of Mrs. Pearl Marks was insured by the Inter-Southern Life Insurance Company for $1,000. The premium due July 11, 1932, was not paid. Mrs. Marks died March 13, 1933. The judgment appealed is in favor of the beneficiary, the insured’s husband, against the Kentucky Home Life Insurance Company, successor of the Inter-Southern Life Insurance Company.

On April 8, 1932, the Insurance Department of the State caused a suit to be filed in the Franklin Circuit Court for the appointment of a receiver for the Inter-Southern Life Insurance…