Gottlieb v. Abraham Lincoln Mutual Life Insurance

Citations

• 225 Pa. 102
• 73 A. 1057
• 1909 Pa. LEXIS 613

Syllabus

<p>Insurance — Life insurance — Payment of premiums — Days of grace— Failure to pay premiums — Forfeiture.</p> <p>Where a policy of life insurance provides that “after the first premium shall have been paid a grace of thirty days, during which the contract shall remain in force, will be allowed in the payment of premiums by the insured or by anyone for him,” and it appears that the insured paid the first premium and died without paying the second and within thirty days after it became due, the failure to pay the second premium within the days of grace does not involve a forfeiture of the policy.</p>