Robins v. John Hancock Mutual Life Insurance

This is an equitable action under a pair of group creditor life insurance policies. The plaintiff, a minor, sues as the beneficiary of an installment contract made by her deceased father, Moe D. Robins, for the purchase of shares in Fidelity Fund, Inc., a mutual fund (the contract is not made part of the record). At the time of the -purchase of the shares from the seller, Crosby Plans 'Corporation (“ Crosby”), there were in existence group creditor life insurance policies issued *189by the defendant-appellant insurers insuring the lives of the debtors of the policy holder, Crosby, to the extent…