American Republic Life Insurance v. Presson

Griffin Smith, Chief Justice.

September 1, 1945, American Republic insured Clyde E. Presson, naming Dovie Presson as beneficiary.1 The principal sum of $1,250 was payable if death occurred through accidental means. In addition, monthly benefits were due upon proof of disability because of sickness or as a result of accidental injury. Quarterly premiums of $15 were payable in advance. There was no period of grace.

The insured was accidentally shot October 30, 1948, and died from the wound the day it was inflicted. The Company denied liability7- under the plea that the policy lapsed March 10,…