Supreme Court of Iowa May 15, 1928 (Peek Estate v. New York Life Insurance)

Morling, J.

The insured suffered total disability preceding her death, for which her executor made proof. Defendant paid the life insurance, but refused to pay the disability benefit, for the reason that the benefit was, by the terms of the policy, payable only on the specified anniversary of the policy, occurring during the lifetime and continued disability of the insured, and was not payable,