Bi-Link Metal Specialties, Inc. v. Louisiana & Southern Life Insurance Co.

This appeal concerns the proceeds of a key-man insurance policy for $150,000 on the life of Dean D. Haas, deceased. Bi-Link Metal Specialties, Inc. (plaintiff), the beneficiary of this policy, brought this action against the insurer, Louisiana & Southern Life Insurance Company (defendant). Plaintiff filed a motion for summary judgment, which was granted. Defendant’s motion to vacate the order granting summary judgment was denied.

Most of the facts in this appeal are not disputed. Dean D. Haas (insured), the vice president of plaintiff- corporation, submitted an application for life insurance…