New York Life Insurance Co. v. Dean

Opinion op the Court by

Judge Thomas—

Reversing.

On April 3,1925, the appellant and defendant below, New York Life Insurance 'Company, issued a policy upon the life of William J. Dean, in which it agreed to pay upon his death, to the beneficiaries named therein, the appellees and plaintiffs below, Edwin W. Dean et al., the sum of $2,000. The policy contained this independent clause:

“Self-Destruction.—In event of self-destruction during the first two insurance years, whether the Insured be sane or insane, the insurance under this Policy shall be a sum equal to the premiums thereon which have-been…