Hearin v. Standard Life Ins. Co.
District Court, E.D. Arkansas · 1925-10-19 · cited 20×
The case involved a beneficiary's suit to recover on a life insurance policy issued in 1924, after the insured died by suicide in February 1925. The insurer refused payment, citing a policy clause excluding liability for self-destruction within the first year and offering to return premiums paid. The plaintiff demurred, arguing that the policy's incontestability clause after one year barred the defense and that no action to cancel the policy had been brought in time. The court overruled the demurrer, holding that insurance policies must be read as a whole and that the incontestability provision does not require the company to assume risks, such as suicide within one year, that it expressly excluded from coverage.