United States v. Arzner, 287 U.S. 470 (1933)

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United States v. Arzner

No.191
Argued December 13, 1932
Decided January 9, 1933
287 U.S. 470

CERTIORARI TO THE CIRCUIT COURT OF APPEALS

FOR THE NINTH CIRCUIT

Syllabus

Where the holder of a lapsed policy of war-risk term insurance reinstates and converts his insurance into an ordinary life policy and thereafter surrenders this policy upon payment of its cash surrender value, he is entitled, under § 307 of the World War Veterans’ Act of 1924, as amended by the Act of July 3, 1930, to recover upon the original term policy for total and permanent disability occurring during the life of such policy, even though the converted policy, having been previously turned over to the Veterans’ Bureau, cannot be surrendered by him.

57 F.2d 488 affirmed.

Certiorari to review the affirmance of a recovery in an action on a war-risk insurance policy.