Jefferson Standard Life Insurance v. Anderson

Plaintiff and cross-defendant, Jefferson Standard Life Insurance Company, brought this action to rescind a policy of life insurance in which a man named Coltrain was the insured and his business partner, a man named Anderson, the defendant and cross-complainant herein, was the beneficiary. Anderson filed a cross-complaint seeking recovery under the policy. Judgment was in favor of Anderson and against the life insurance company on the complaint and the cross-complaint. Plaintiff and cross-defendant appealed.

The defendant Anderson made the application for insurance on the life of his partner…