Aetna Life Ins. Co. v. Mallory

On March 1, 1935, the Aetna Life Insurance Company issued to C. Franklin a certificate in the sum of $1,000 under a group insurance policy issued by Aetna Life Insurance Company to Campbell, Wyant & Cannon Foundry Company of Muskegon, employer of C. Franklin, payable after the death of C. Franklin, under and by virtue of a beneficiary clause in the group policy reading as follows:

“It is requested that any sum becoming due on account of the death of an insured employee shall be payable to the beneficiary or beneficiaries designated by the employee and filed at the home office of the company…