New York Life Insurnace Company v. George Anna Welch

WILBUR K. MILLER, Chief Judge.

Mrs. George Anna Welch was the beneficiary designated in a policy on the life of her brother, Granver P. Thomaso, issued by the New York Life Insurance Company. Thomaso committed suicide in Galveston, Texas, August 12, 1960. Mrs. Welch sent proofs of death to the Company August 15, 1960, and claimed payment in full, but it declined to pay because of potential adverse claims. On October 5, 1960, Mrs. Welch sued on the policy. New York Life answered, admitting liability for $10,020.70, the net value of the policy, but filed a counterclaim and cross-claim, pursuant…