Southern Insurance Co. v. Floyd

Appellant insurance company issued a policy of insurance to W. M.. Floyd, payable to bis wife, for the sum of $100, and increasing $20 per month until a maximum of $1,000 was reached. The insured died August 5, 1925, and the policy at that time, if valid, was worth $580, and the beneficiary brought suit for that amount, together with penalty and attorney’s fee. The policy was written July 8, 1923, and the insured was not required tó submit to a medical examination to obtain it. ‘ He was required, however, to make an application in which numerous questions were asked concerning the existing…