Hays v. Fidelity Industrial Credit Co. of Ogden

MAUGHAN, Justice:

Plaintiff, the widow of Marvin E. Hays, initiated this action to recover as beneficiary the face amount of a policy of insurance on the life of her deceased husband. The defendant insurer was granted a motion for summary judgment on the ground that decedent prior to his death had surrendered the policy for its cash value. Plaintiff appeals. We affirm the judgment of the trial court.

The questions here are, whether the insured was an offeree; and, if so, did he make an effective acceptance of the offer extended by the insurer.

Marvin E. Hays was the owner and insured of a policy…