Bank of the Phil. Islands v. Posadas
G.R. No. L-34583, 22 October 1931, 56 Phil. 215 FACTS: The estate of Adolphe Oscar Schuetze is the sole beneficiary named in the life-insurance policy for $10,000, issued by the Sun Life Assurance Company of Canada. During the following five years the insured paid the premiums at the Manila branch of the company. The deceased [...]