Neely v. Pigford

In view of the verdict upon the issues of fact, we find that the only question requiring discussion is whether appellant had such an insurable interest in his employees as would make the policies here in issue valid. Appellant employed 191 workmen, and, instead of the ordinary plan of indemnity insurance against liability for injuries to them, appellant took 191 separate accident insurance policies, one for each of said employees, the policies being payable to appellant and not to the respective employees. Appellant paid, or rather agreed to pay, all the premiums.

Appellant says that these…