Cronbach v. Aetna Life Ins. Co.

Mrs. Cronbach, by her bill, sought a decree against the defendant company on eight policies of $5,000 eách issued upon the life of her husband, Joseph Cronbach, upon the theory that, prior to his death, he had taken such action as to make her the sole beneficiary under said policies.

The chancellor dismissed her bill, and, upon appeal, his decree was affirmed by the court of appeals.

About a month before the death of the insured he had procured the company to change the beneficiary clauses in said policies so as to provide that the company should pay monthly interest on the principal, at the…