Fagerlie v. New York Life Insurance

The plaintiff alleges two causes of action. The first is based upon a life insurance policy dated August 17th, 1920, for $5,000 in case of death, which provides that if the insured becomes wholly and permanently disabled, the company will pay as disability benefits annually, one tenth of the face of the policy, and also waive certain premium payments, This will be referred to as the first policy. Under the terms of this policy total and permanent disability is defined as disability by which insured “has become wholly disabled by bodily injury or disease, so that he is and will be presumably…