Brown v. Mutual Benefit Health & Accident Ass'n

This is an appeal in an action at law to recover a death benefit alleged to be due under an insurance policy issued by the defendant company to plaintiff’s intestate. Prom a judgment in favor of plaintiff, the company appeals.

The relevant facts were stipulated. The sole question presented arises from the construction to be given to that portion of the policy reading:

“PART C. ANNEAL INCREASE ONE HUNDRED PIETY DOLLARS PER YEAR

“After the first year’s premium has been paid, each year’s renewal premium paid in advance on this policy shall add One Hundred Fifty Dollars to the death benefit until…