Crossley v. Travelers Insurance Co.

WALDEN, Judge.

This appeal turns upon the interpretation to be given to the following provision in a life insurance policy:

“In the event of the death of the beneficiary before payment of the amount of the insurance or of all of the instalments to which the beneficiary may be entitled, either under this provision or under the provision entitled ‘Permanent Total Disability Benefit,’ or in the event that no beneficiary shall have been named, or when the beneficiary is a minor, the amount of the insurance or the remainder of the instalments, as the case may be, shall be paid to the relative by…