Roeder v. North American Life Insurance

Nelson, Justice.

Elaine J. Roeder brings this suit against the North American Life Insurance Company of Chicago to recover under a nonmedical examination insurance policy issued on the life of her husband, Charles B. Roeder, now deceased. The defendant by the terms and provisions of said policy agreed to pay the sum of $6,000 to Security Federal Savings and Loan Association, as their interest might appear, and to plaintiff upon the death of the insured.

During 1957, and prior to the issuance of the policy, the insured had begun the construction of a family home and was in need of financing. He…