Helvering v. Le Gierse - U.S. Supreme Court

Helvering v. Le Gierse

ByU.S. Supreme Court

  • Release Date: 1941-03-03
  • Genre: Law

Description

Argued Jan. 9, 10, 1941. Less than a month before her death in 1936, decedent, at the age of 80 executed two contracts with the Connecticut General Life Insurance Co. One was an annuity contract in standard form entitling decedent to annual payments of $589.80 as long as she lived. The consideration stated for this contract was $4,179. The other contract was called a 'Single Premium Life Policy-Non Participating' and provided for a payment of $25,000 to decedent's daughter, respondent Le Gierse, at decedent's death. The premium specified was $22,946. Decedent paid the total consideration, $27,125, at the time the contracts were executed. She was not required to pass a physical examination or to answer the questions a woman applicant normally must answer.

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