Howard v. Missouri State Life Ins. Co.

On February 25, 1920, the Missouri State life Insurance Company issued three life insurance policies, each in the amount of $5,000, to William I-I. Howard. The annual premiums upon these policies aggregated $391.35, and those premiums were paid for the first year. Shortly after they were issued the policies were assigned by Howard to Henry B. Halff to secure a debt in excess of the amount of the insurance. On November 6, 1920, less than nine months after the policies were issued, Howard, the insured, committed suicide. Proof of death was made to the company, against which demand for the…