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FIRST FED. LIFE INS. v. CITIZENS BANK & TRUST

593 S.W.2d 97 (1979)

FIRST FEDERATED LIFE INSURANCE COMPANY, Appellant, v. CITIZENS BANK AND TRUST COMPANY, Appellee.

Court of Appeals of Kentucky.

Rehearing Denied January 11, 1980.

Attorney(s) appearing for the Case

Boehl, Stopher, Graves & Deindoerfer, Paducah, for appellant.

M. Greg Rains, Paducah, for appellee.

Before GANT, HOWERTON and REYNOLDS, JJ.

REYNOLDS, Judge.

First Federated Life Insurance Company, appellant, appeals from a summary judgment of McCracken Circuit Court directing it to pay the proceeds of a credit life insurance policy to the appellee, Citizens Bank and Trust Company.

In November 1975 appellant issued a credit life insurance policy, insuring any debtor of Citizens Bank and Trust Company for the amount for which such debtor's life was insured at the time of his death, to the creditor...

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