Chastang v. Mutual Life Ins.

Fortunately the facts are not in dispute, and the single question of law is clearly defined.

*168The policy held by the plaintiff is entitled “Limited Payment Life Policy with Double Indemnity for Death by Accident and Increasing Total and Permanent Disability Benefits,” and is in the face amount of $5,000. The premiums thereon have been paid, and the policy is in full force and effect.

This controversy arises by reason of the fact that the defendant company has established a separate reserve against each of the three features of the policy —(1) life insurance, (2) disability benefits, and (3)…