HOLOHAN, Chief Justice.
We granted review in this case to determine the proper disposition of the proceeds of a certain term life insurance policy. We have jurisdiction pursuant to A.R.S. § 12-120.24 and Rule 23, Arizona Rules of Civil Appellate Procedure, 17A A.R.S.
The facts are uncontested. Manuel and Sandra Alarcon were husband and wife. In March 1979 Manuel purchased a $50,000 term life insurance policy and as owner of the policy named as primary...
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