Universal Life & Accident Ins. Co. v. Barron

YOUNG, Justice.

This suit was initiated by Sarah Green Barron, beneficiary, and assignee Funeral Home to collect the proceeds of a life insurance policy, face value $845, together with penalty, interest, and attorney’s fees. The Insurance Company denied liability, filing cross-action for cancellation on grounds that the insured, Floyda White, was not in sound health at time of policy issuance; and further, that insured had misrepresented material facts in application for insurance, upon which defendant relied to its detriment in issuing the policy. Upon trial to a jury and their verdict on…