Johnson International Co. v. Jackson National Life Insurance
Court of Appeals for the Eighth Circuit
1Opinion of the Court
LAY, Senior Circuit Judge.
This is a diversity action brought by Johnson International Company (“Johnson International”), a Washington corporation, against Jackson National Life Insurance Company (“Jackson National”), a Michigan corporation, regarding a $250,000 “keyman” life insurance policy issued by Jackson National to Johnson International to cover one of the latter’s key employees, Howard Warford. Warford died while on a business trip to Taiwan. Jackson National refused to pay Johnson International’s claim on the keyman policy because the claim arose during the two-year contestability…
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