Grossman v. Prudential Insurance Co. of America

I

SHRIVER, J.

Complainant, Mrs. Etta Grossman, brought suit in the Chancery Court at Nashville against the Prudential Life Insurance Company of America to recover in a lump sum the proceeds of a policy of insurance issued on the life of her husband, Henry Grossman, who died on September 24, 1955.

The policy in question was issued by the defendant on June 27, 1942 as a paid-up policy in the face amount of $2,555 payable on the death of Henry Grossman to his executors or administrators, but the right to change the beneficiary was reserved.

*702Subsequent to its issuance there were four separate…