Metropolitan Life Ins. Co. v. Magouirk

Appellant issued to Monsanto Chemical Company a Group Policy of Insurance which specified, among other things, the following:

"(b) Total and Permanent Disability Benefits.

"Upon receipt by the Company of due notice and proof — in writing — that any Employee, while insured hereunder, and prior to his sixtieth birthday, has become totally and permanently disabled, as a result of bodily injury or disease, so as to be prevented thereby from engaging in any occupation and performing any work for wage or profit, the Company shall discontinue the Life Insurance in force on the life of said Employee…