Green Estate

Opinion by

Mr. Chief Justice Bell,

This is an appeal by Irving Saul, the named beneficiary in decedent’s life insurance policy, from a decree of the Orphans’ Court which dismissed his claim for subrogation against the estate of Sam Oreen. The question raised is whether such a beneficiary is entitled to subrogation against the estate of the insured decedent for that portion of the life insurance proceeds which were applied to satisfy a loan made by decedent for which the policy had been assigned as collateral.

Sam Oreen died testate on February 25, 1954, owning a life insurance policy with a face…