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eBook details

• Title: Miller v. Penn Mut. Life Ins. Co.
• Author : Supreme Court of Wisconsin
• Release Date : January 09, 1937
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 59 KB

Description

In 1908, the husband of appellant, hereinafter called the insured, applied to respondent for a ten-year term life insurance policy, payable to appellant, as beneficiary, in twenty annual installments of $500 each. Respondent tendered its policy to the insured which included the insurance contract applied for, hereinafter termed the principal contract, and, in addition, a contract for insurance of a different type, in the form of a rider attached thereto, hereinafter called the rider, providing for additional insurance payable in installments of $500 annually for the life of appellant after the payment of the twenty installments certain under the principal contract. The insured accepted the policy consisting of the principal contract and the rider and paid all annual premiums due thereon within the grace period of thirty-one days, for six years. He failed to pay the premium falling due on June 17, 1914, within the grace period, or at all. He died on August 14, 1914.

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