Campbell v. Prudential Insurance Co. of America

We allowed leave to appeal in this case, primarily to determine the proper construction of section 154 of the Insurance Code, which deals with the effect of misrepresentation by an insured in his application for insurance. Ill. Rev. Stat. 1957, chap. 73, par. 766.

The defendant issued to Lloyd J. Campbell two “Endowment at Age 65 Years” insurance policies upon his life. The first policy was issued on November 9, 1953, in the sum of $1,000, and the second on May 17, 1954, in the sum of $750. Campbell was then 42 years old. He died on July 6, 1954, before the policies became incontestable. The…