Quist v. Western & Southern Life Insurance

The husband of plaintiff took out a life insurance policy in defendant company, payable to plaintiff as beneficiary, reserving the right to change the beneficiary. The policy was placed in the hands of plaintiff by her husband and she paid the premiums as they fell due. Just before his death *408the insured, through arrangement with defendant company, constituted his estate beneficiary in place and stead of plaintiff, received from defendant a return of the premiums paid and agreed to a surrender and cancellation of the policy. The policy being in the hands of plaintiff, was not' surrendered, but…