Breard v. New York Life Ins.
Supreme Court of Louisiana
Appeal from Sixth Judicial District Court, Parish of Ouachita; John J. Potts, Judge ad hoc. Action by Mrs. Azema T. Breard against the New York Life Insurance Company. From judgment for defendant, plaintiff appeals.
1Opinion of the CourtSommerville, J.
Plaintiff, the widow of John M. Breard, sues defendant on a combination life insurance and endowment policy No. 398,972, issued by defendant April 16, 1891, on the life of said John M. Breard, wherein his wife, the plaintiff, was made the beneficiary, and which matured April 16, 1906, during the life of her husband.
The policy sued upon is termed a “guaranteed interest bond policy,” or an endowment policy, or a 15-year tontine dividend period bond policy, which was popular some years since. The contract was a combination of life insurance and endowment. Under the tontine system, the surplus,…
2Cases cited6 opinions
- Central Bank of Washington v. HumeSupreme Court of the United States · 1888
- Board of Assessors of the Parish v. New York Life InsuranceSupreme Court of the United States · 1910
- Pilcher v. New York Life InsuranceSupreme Court of Louisiana · 1881
- Succession of DesforgesSupreme Court of Louisiana · 1914
- Lambert v. Penn Mutual Life InsuranceSupreme Court of Louisiana · 1898
1 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Gar Real Estate and Ins. Agency v. MitchellLouisiana Court of Appeal · 1979
- Morein v. North American Co. for Life & Health Ins.Louisiana Court of Appeal · 1973
- Toussant v. National Life & Accident Ins.Supreme Court of Louisiana · 1920
- Fidelity-Phenix Fire Ins. Co. of NY v. Forest Oil Corp.Louisiana Court of Appeal · 1962
- Pizá v. Sun Life Insurance Co. of CanadaSupreme Court of Puerto Rico · 1924
1 more not listed; retrieve them via the Exa API.