Stage-producer J.J. Hobart, is going to put on a new show, but he doesn't know that his two partners lost the money at the stock market. Insurance salesman Rosmer Peek falls in love with ex chorus-girl Joan Blondell, who's friend Genevieve tries to land on one of J.J Hobart's partners. They come up with the idea to insure J.J. for $1 Million, to get the money back when he dies....