Old Surety Life Insurance Co. v. Morrow

GIBSON, V. C. J.

This is an action to recover on a policy of life insurance. Judgment was for plaintiff, and defendant appeals.

The defendant insurance company was organized pursuant to 36 O. S. 1941, ch. 14 (§§ 651-667), as an industrial, life, health and accident insurer for the purpose, as stated in the act, of making insurance on the lives of individuals on the industrial weekly payment plan, with a stipulated premium as defined in the act, and with authority to indemnify against death or disability of the insured occasioned by sickness or accident (sec. 651, supra).

With certain exceptions…