Branch Banking & Trust Co. v. Brinkley

The question is this: Under the War Insurance Act, Title 38, chapter 10, section 514, U. S. Code Annotated, are the dis-tributees of a deceased soldier to be ascertained at the time of his death or at the time of the death of the beneficiary named in the certificate of insurance ?

The act referred to provides in section 514 thereof, among other provisions, as follows: “If the designated beneficiary does not survive the insured or survives the insured and dies prior to receiving all of the two hundred and forty installments or all such as are payable and applicable, there shall be paid to the…