Boyd v. Fidelity Mutual Life Insurance

Citations

• 88 Miss. 562
• 41 So. 268

Syllabus

<p>Insurance. Life policy. Nonpayment of premium. Extension of time. Inducements. Agent's promises.</p> <p>If a life insurance company, by its duly authorized soliciting agent, induce a person to insure his life by assurances that thirty days’ grace will be allowed him on all premiums, and he pay the first one and die, more than twelve but within thirteen months of the issuance of the policy, the company cannot escape liability thereon because an annual premium was unpaid when he died.</p>