Court Opinion

ID: 9826278
Source: CourtListenerOpinion
Date Created: 2023-09-01 15:42:36.954683+00
Date Added: 2024-06-11T07:41:59.231857
License: Public Domain

Mr. Justice StabrEr:
I concur in the result of the opinion of Mr. Justice Bonham, on the ground that the assignment made, in effect a change of beneficiary, was invalid, for the reason, as stated by him, that in its inception the plaintiff had no insurable interest in the life of the insured; and that in such case the legality of the assignment is dependent upon the will of the insured, who, in the present case, was a minor and could not consent. If the beneficiary, in such circumstances, desired to assign her expectancy or interest, she should have made application to a Court of equity, as pointed out in the opinion.