Beane v. Continental Casualty Co.

Citations

• 106 Miss. 813
• 64 So. 732

Syllabus

<p>■ 1. Insurance. Accident insurance. Construction of contract. Changes of occupation.</p> <p>Where an accident insurance policy provided, that if the insured, meets his death after changing his occupation from that stated! in his application to one classified by the company as more hazardous, the company’s liability-will only be for such proportion of the indemnity as the premium paid will purchase under the schedule of rates fixed for the more hazardous occupation, such a policy adjusts itself automatically to the change of occupation, and while the policy, by reason of a change to a more hazardous occupation is not forfeited, the insured will receive as an indemnity because off such change a reduced amount, that to which he would he entitled for the premium paid at the rate and within the limit fixed by the company for the occupation in which he is employed at the time of his death, and the fact that he was killed while off duty was immaterial in determining the amount of indemnity.</p> <p>2. Accident Insurance. Construction of contract.</p> <p>A provision in an accident insurance policy that a change of occupation by the insured, after the issuance of the policy to him,. to an occupation classified by tbe company as more hazardous, will reduce the amount of the company’s liability, is reasonable and just and will be enforced by the courts.</p>