Occidental Life Insurance Company of California v. Bob Leroy's Inc.

JONES, Circuit Judge:

This case presents the issue of whether or not a beneficiary may, under the terms of the particular insurance contract involved here and the law of Texas, recover proceeds on the death of the insured. The district court rendered judgment, pursuant to a jury verdict in favor of the beneficiary, for the face amount of the insurance coverage, in the sum of $50,000.

Appellant, the Occidental Life Insurance Company of California, solicited an application from Bob LeRoy’s Inc., and Robert H. LeRoy, its president, for a policy of insurance on the life of LeRoy. The application…