Central American Life Insurance Co. v. Krause

MARTIN, Justice.

Appellant, Central American Life Insurance Company, issued its policy of insurance No. 1677 to Dan M. Krause on September 18, 1952. The policy of insurance was in the amount of $5,000 and provided for double indemnity in the case of accidental death of the insured. Appellee, Dorothy Jo Krause, was named as beneficiary in said policy. The premiums on the policy were payable monthly in advance in the sum of $33.08 on the 18th day of each month and the policy contained a provision allowing thirty days’ grace on the payment of premiums.

Dan M. Krause was found dead June 25, 1953,…