Bennett v. Rosborough

It is declared in the Civil Code, § 2498: “The assured may direct the money to be paid to his personal representative, or to his widow, or to his children, or to his assignee; and upon such direction given, and assented to by the insurer, no other person can defeat the same. But the assignment is good without such assent.” The principle of this section was applied in Smith v. Head, 75 Ga. 755. That was a case *271where a husband obtained a policy of life-insurance which was payable to his wife. It was held that the policy was the property of the wife, and could not be subjected by creditors of…