First National Bank of Shelbyville v. Mutual Benefit Life Insurance Co.

CRAWFORD, Judge.

This is a dispute between plaintiff, First National Bank of Shelbyville, and defendant, John D. Booras, over the proceeds of a group life insurance policy on the life of defendant’s brother, Peter D. Booras, deceased. The insurance company, Mutual Benefit Life Insurance Company, has paid into court the proceeds due under policy number G 1544-1 and is not involved in this appeal. The other defendant, Uniformed Service Benefit Association, is the group policy holder and is not involved in this appeal.

The facts are virtually undisputed and the evidence at trial consisted of the…