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FIRST UNITED LIFE INS. v. NORTHERN IND. BANK

No. 3-1281A320.

444 N.E.2d 1241 (1983)

FIRST UNITED LIFE INSURANCE COMPANY, Defendant-Appellant, v. NORTHERN INDIANA BANK & TRUST COMPANY, Plaintiff-Appellee.

Court of Appeals of Indiana, Third District.

February 14, 1983.

Attorney(s) appearing for the Case

Robert F. Peters, Lucas, Clifford & Holcomb, Merrillville, for defendant-appellant.

James L. Jorgensen, Karen L. Hughes, Hoeppner, Wagner & Evans, Valparaiso, for plaintiff-appellee.

GARRARD, Judge.

First United Life Insurance Company (the insurer) appeals from a summary judgment on liability and final judgment in favor of Northern Indiana Bank and Trust Company (the bank). The pertinent facts disclosed by the materials before the court follow.

On August 29, 1971 the insurer issued a term life insurance policy to Connie Parker as owner and beneficiary insuring the life of her husband, Richard Parker.

On January 11, 1972, in connection...

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