Pacific Mutual Life Insurance v. Young

On April 13, 1928, Mannierre E. Young obtained a life policy for $10,000 and on May 7th another life policy for $5,000 from the defendant, the Pacific Mutual Life Insurance Company of California, in both of which the plaintiff, his wife, Josephine S. A. Young was named beneficiary. He paid the first year’s premiums on these policies, that on the former being $498.20 and on the latter $226.60. The insured died October 30, 1928. This suit was brought to collect the amount of the policies. These policies contained a promise to pay plaintiff, on receipt of proof of the death of the insured, the…