We agree with the court below, that the contract is not an assurance for a single year, with a privilege of renewal from year to year by paying the annual premium, but that it is an entire contract of assurance for life, subject to discontinuance and... The South Western Reporter - Page 2651920Full view - About this book
| Law - 1885 - 550 pages
...to year by paying the annual premium, but it is an entire contract of assurance for life (11 years), subject to discontinuance and forfeiture for non-payment...the form of the contract and such is its character. * * * Each installment is, in fact, part consideration of the entire insurance for life; * * * the... | |
| Insurance law - 1876 - 972 pages
...privilege of renewal from year to year by paying the annual premium ; but that it is an entire contract of assurance for life, subject to discontinuance and...assured pays the entire premium in advance, or in five, ten, or twenty annual installments ; such installments are clearly not intended as the consideration... | |
| Law - 1876 - 816 pages
...privilege of renewal from year to year by paying the annual premium, but that it is an entire contract of assurance for life, subject to discontinuance and...insurance during the next following year — as in fire-policies. But the position is untenable. It often happens that the assured pays the entire premium... | |
| United States. Supreme Court - Law reports, digests, etc - 1877 - 748 pages
...privilege of renewal from year to year by paying the annual premium, but that it is an entire contract of assurance for life, subject to discontinuance and...assured pays the entire premium in advance, or in five, ten, or twenty annual instalments. Such instalments are clearly not intended as the consideration... | |
| Law reports, digests, etc - 1877 - 682 pages
...for life, subject to discontinuance and forfeiture of non payment of any of the stipulated premiums. It has been contended that the payment of each premium...insurance during the next following year — as in fire-policies. But the position is untenable. The annual premiums are an annuity, the present value... | |
| Law reports, digests, etc - 1881 - 1900 pages
...assurance for 15 years, or for life, if the assured should die before the expiration of that period, subject to discontinuance and forfeiture for non-payment of any of the stipulated premiums, except that in case of default in any payment after two full years' payments had been made, the policy... | |
| Insurance law - 1881 - 972 pages
...assurance for fifteen years, or for life if the assured should die before the expiration of that period, subject to discontinuance and forfeiture for non-payment of any of the stipulated premiums, except that in case of default in any payment after two full years' payments had been made, the policy... | |
| United States. Circuit Court (7th Circuit), Josiah Hooker Bissell - District courts - 1883 - 636 pages
...assurance for 15 years, or for life, if the assured should die before the expiration of that period, subject to discontinuance and forfeiture for non-payment of any of the stipulated premiums, except that in case of default in any payment after two full years' payments had been made, the policy... | |
| Law reports, digests, etc - 1884 - 1060 pages
...year by paying the annual premium, but it is an entire, contract of assurance for life, (11 years,) subject to discontinuance and forfeiture for non-payment...the form of the contract and such is its character. * * * Each installment is, in fact, part consideration of the entire insurance for life; * * * the... | |
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