Ohio National Life Insurance v. Craddock's Administrator

Opinion of the Court by

Judge Dietzman

Affirming.

The appellee brought this suit against the appellant to recover on a policy of insurance issued by it on the life of the appellee’s decedent and payable to the estate of that dececlent. Prom a judgment in appellee’s behalf, the appellant appeals.

The policy in question was issued on the 14th day of August, 1924, and the first year’s premium was then paid in full. On the 14th day of August, 1925, the insured elected, as he had a right to do, to pay his next year’s premium in quarterly installments, and he paid the installment then due. The next…