Occidental Life Insurance v. Harvey

Morris, Commissioner

Reversing.

On May 11, 1946, appellee, then about 21 years of age, purchased a life insurance policy from appellant which contained the following disability provision:

“Subject to the conditions stated in this agreement the company will grant during permanent total disability of the insured (herein called ‘such disability’) the following benefits:

“Commencing four months after date of commencement of such disability the Company will pay to the insured during continuance * * * for each $1,000 of the face of the policy the * * * monthly income shall be $10.00.”

On March 4, 1948,…