Gallagher, Admr. v. Mutual Life Ins. Co.

Appellant filed this action to recover on an insurance policy on the life of William M. Medsker. The trial court made special findings of fact with conclusions of law to the effect that appellant take nothing and entered judgment accordingly. Error is assigned on the conclusions.

The policy was issued Jan. 17, 1919, while insured was a resident of Indiana. Appellee therein agreed, in consideration of an annual premium of $91.75, to pay the estate of insured upon his death $2500 less any indebtedness to the company. The policy contains a table of cash, loan, and paid-up life insurance values…