Northwestern Mutual Life Insurance v. Laury

Plaintiff, a life insurance company doing business in this state, issued a policy upon the life of defendant’s husband in which she was named beneficiary. It was dated April 24, 1926. The assured died January 7, 1927, or within one year after the policy took effect. This action is to cancel the policy upon the ground that the assured made certain alleged false and fraudulent representations to plaintiff which induced it to enter the contract. The complaint was demurred to upon the ground, among others, “that plaintiff upon the facts pleaded has a plain and adequate remedy at law by way of…