Hill v. Union Central Life Insurance Co.

STEPHENSON, Justice.

The trial court entered judgment that Clarence A. Dawson had effectively changed the beneficiaries on two policies of life insurance issued to him by the Union Central Life Insurance Company. We reverse.

Shortly before his death, Clarence A. Dawson directed his secretary to make the following endorsement on each of the policies :

“Insurance on said policy paid back to my estate. This the 5th day of February, 1971.”

Clarence Dawson affixed his signature immediately beneath each endorsement. The policies were then returned to his safe-deposit box where they remained until his…