Stossel v. Gulf Life Insurance

August 15, 1926, appellee executed two policies of insurance for $5000.00 each in favor of appellant. All premiums were paid on these policies up to and including May 15, 1930. When the quarterly premium- due August 15, 1930, matured, the wife of appellant applied-to appellee for a loan on the-policies which was' denied. The appellant was seriously injured in an airplane accident January, 1930, and on several occasions between August 15, 1930, and August 10, 1931, made application to appellee for disability benefits under the policies. Appellant was examined by physicians and disability…