Makowiec v. Prudential Insurance Co. of America

It is conceded that the statute (P. L., c. 277, s. 2) providing that the creditors and estate of the insured have no rights to the insurance money as against a third person named in the policy as its beneficiary, h'as no bearing on the case, nor the statute (P. L., c. 277, s. 9) making a policy incontestable if it has been in force for two years before the death of the insured, except for non-payment of premiums and its violation in respect to military and naval service. The former statute is merely declaratory of the rights of a beneficiary other than the estate of the insured, and the…