Young v. Metropolitan Life Insurance

28 Ohio N.P. (n.s.) 179, 1930 Ohio Misc. LEXIS 1215

This text of 28 Ohio N.P. (n.s.) 179 (Young v. Metropolitan Life Insurance) is published on Counsel Stack Legal Research, covering Court of Common Pleas of Ohio, Franklin County, Civil Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Young v. Metropolitan Life Insurance, 28 Ohio N.P. (n.s.) 179, 1930 Ohio Misc. LEXIS 1215 (Ohio Super. Ct. 1930).

Opinion

King, J.

Heard upon general demurrer and demurrer to the reply and amendment to the reply on the ground that the reply and amendment to reply on their face are insufficient in law.

Learned counsel for the defendant insurance company have furnished the court with an excellent memorandum in support of their contention. They have presented their contention in a clear and convincing manner and therefore merit commendation.

Plaintiff seeks .to recover a sum of money which he claims to be due him from the defendant on a life insurance policy issued to him by the defendant company. The facts alleged in the petition are in substance as follows:

The defendant insurance company on the 22d day of January, 1907, in consideration of the payment of the [181]*181premium of $13.23 semi-annually for a period of 20 years from date of policy, executed and delivered a policy of insurance on life of plaintiff in the sum of $1,000.

It is further alleged by the plaintiff that by the terms of the pdlicy it was provided that at the expiration of 20 years from the date of the policy, the plaintiff, if living and if having paid the premiums for 20 successive years, might, in lieu of continuing the policy, by the payment of certain further premiums, to-wit, the sum of $10 per year, have the choice of one of the four certain options mentioned in said policy, among which was an option designated as No. 4, to-wit:

“4. To receive in cash one thousand and thirty-two dollars and to continue the policy as a whole life policy by the payment of $20.92 and a like amount annually thereafter during the life of the insured, the policy to be endorsed to that effect by the company.”

Plaintiff further says that prior to the 22d day of January, 1927, on or about the 22d day of December, 1926, the plaintiff was living, had paid the premiums mentioned in said policy for 20 successive years and had otherwise performed each and all of the conditions of said policy on his part to be performed; that prior to the 22d day of January, 1927, plaintiff elected to accept option No. 4, as designated in said policy and notified defendant of such election in the manner and form as provided by said company, and surrendered said policy to be endorsed as is therein provided and demanded from the defendant the sums of $1,032 less the sum of $350, to which the defendant is entitled as a credit, said sum being the amount due on January 22, 1927, on a promissory note executed and delivered by the plaintiff to the defendant on or about the 30th day of July, 1925. Plaintiff asks judgment in the sum of $682.30 with interest.

The defendant filed its answer setting forth two defenses. In the first defense, the defendant alleges that on or about the 22d day of January, 1907, the defendant entered into an agreement with the plaintiff whereby the defendant agreed, in consideration of the payment by the [182]*182plaintiff to the defendant of the semi-annual premium of $13.23, and the payment of a like amount each 22d day of January and July thereafter for the first twenty years and of the payment annually thereafter of $10 on the 22d day of January until the death of the insured, to insure the life of the plaintiff in the sum of $1,000, and to issue to said plaintiff a policy of insurance in accordance with said agreement.

That as a part of said agreement the defendant further agreed that at the expiration of twenty years from the date of said policy, if the insured should then be living and the premiums had all been paid and there should be no indebtedness from the plaintiff to the defendant on such policy, the defendant should, upon the surrender of said policy have the choice of one of the following options:

“(1). To receive the total cash surrender value of $402.
“(2). To receive a paid up non-participating life policy for $757.
“(3). To receive an annuity contract providing for the yearly payment of $31.24 during lifetime; the first payment of the annuity to be made one year from date of issue of the annuity contract.
“ (4). To receive in cash $132 and to continue the policy as a whole life policy by the payment of $20.92 and a like amount annually thereafter, the policy to be endorsed to that effect by the company.”

The defendant on or about the 22d day of January, 1907, issued and delivered to the plaintiff a written policy of insurance, which is the policy sued upon in the petition, which policy, as alleged by the defendant, was intended by said plaintiff and defendant to contain and be in accordance with the terms and provisions of said agreement, but by mistake in transcribing said policy the amount of $1,032 instead of the amount of $132 was inserted as the cash to be received under said Option No. 4, and by mutual mistake of the defendant and plaintiff and without any knowledge of the defendant of such mistake, said policy so erroneously transcribed was issued and delivered by said defendant and received by the plaintiff.

[183]*183Defendant alleges that a further provision of said policy provided that the total cash surrender value of said policy at the expiration of 20 years from the date of the policy should be $402 and all of said options were based upon such total cash surrender value and were understood by the plaintiff and defendant so to be; and the amount of $1,032 as the amount of cash to be received by the insured under said Option No. 4 is inconsistent therewith.

The entire amount payable under the provisions of said policy in the event of the death of the insured was $1,000 and the amount of $1,032 claimed by the plaintiff as the cash to be received by the plaintiff under said Option No. 4 is inconsistent therewith.

The defendant further alleges that before the commencement of this action the defendant notified the plaintiff of said mistake and demanded that he reform said policy to correct said mistake but the plaintiff has failed and refused so to do.

Defendant further says that at the time said agreement was made and said policy was issued, the defendant was then issuing policies identical with the said policy to all other persons insured by the defendant under such policy of the same class and equal expectation of life as the plaintiff, in which the cash payment to be received by such insured under said Option No. 4 was $132; and that such policy was not knowingly issued to such insured of the same class and equal expectation of life in such policy in which the cash payment to be received by the insured under said Option No. 4 exceeded or was other than the amount of $132; and the defendant has never since issued or offered to issue to any other insured of the same class and equal expectation of life as the plaintiff, and at a like premium, a policy like the policy described in the petition in which was provided any cash payment to be received by the insured under said Option No. 4 as great as $1,032; that the premiums specified in the policy described in the petition was the premium universally and uniformly established and maintained by the defendant at the time said policy was issued, for like policies issued by it to this [184]*184insured under such policies of the same class, and equal expectation of life as the plaintiff purchased upon exercise of the option by the insured to receive cash at the expiration of twenty years as provided in said Option No.

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Bluebook (online)
28 Ohio N.P. (n.s.) 179, 1930 Ohio Misc. LEXIS 1215, Counsel Stack Legal Research, https://law.counselstack.com/opinion/young-v-metropolitan-life-insurance-ohctcomplfrankl-1930.