T. A. Cheeves v. J. H. Anders

Summary

The Texas Supreme Court held that a beneficiary who lost his insurable interest before the insured’s death cannot recover the proceeds of a life‑insurance policy. The Court reversed the lower courts for erroneously sustaining a demurrer to the plaintiff’s answer and affirmed that the insurer must pay the policy, while any premiums paid by the partnership constitute a charge recoverable from the proceeds.