Jeanne S. Weed and Sally Anne Deluccia v. Equitable Life Assurance Society of the United States

WISDOM, Circuit Judge.

In 1947 and 1948 George Stevens purchased insurance policies from the Equitable Life Assurance Society, totaling $55,000. He designated the beneficiary as his “wife, Louella H. Stevens”. In 1951 the insured was adjudged insane. In 1952 he was adjudged sane. Stevens then executed a change of beneficiaries, designating as the primary beneficiary, his wife, Louella Stevens, and as contingent beneficiaries the two minor daughters of his marriage to Louella Stevens. In 1953 Stevens was again adjudged insane. In 1954 Louella Stevens divorced the insured in Nevada on the ground…