Casteel v. Kentucky Home Life Insurance

Opinion oe the Court by

Judge Ratliff

Affirming.

On February 7, 1930, the Inter-Southern Life Insurance Company of Louisville, Ky., for a paid premium of $352.55 and a like sum to be paid each year thereafter during the life of the insured, issued to Abraham Casteel an insurance policy on the ordinary life plan for the principal sum of $5,000. The wife of the insured, appellant herein, was named beneficiary of the policy. The insured paid the • annual premium thereafter due February 7, 1931 and 1932, respectively, but failed to pay the premium February 7, 1933.

In April, 1932, the Inter-Southern…