Lincoln-Income Life Ins. Co. v. Kraus

Opinion op the Court by

Judge Thomas

Reversing.

On March. 2, 1936, the appellant and defendant below, Lincoln-Income Insurance Company, issued its in dustrial policy on the life of Elma C. Krans, the, infant daughter of the appellee and plaintiff below, Margaret Kraus, she then being about eight years of age. Defendant agreed in the policy, among other things, to pay to plaintiff as beneficiary therein the sum of $300 upon the death of her infant child, the insured. It died on March 20, 1937, one year and eighteen days after the issuance of the policy, the premium on which was 10 cents per week.…