Franchebois v. New York Life Ins. Co.

These consolidated cases are suits on the double indemnity clause, contained in each of two life insurance policies, written by defendant on the life 'of Joseph P. Cormier, payable, one to his wife, and the other to his minor children, all of whom are plaintiffs herein. Each policy is for $5,000, and therefore the double indemnity feature in each is for $5,000. There is also a demand for $175 interest in each of the two cases, which rests upon the allegation that in an amicable settlement of the $5,000, representing the face of the policy, and payable without reference to death by accidental…