Niagara Fire Insurance v. Brown

Citations

• 123 Ill. 356
• 15 N.E. 166

Syllabus

<p>Insubanoe—power of agent to waive conditions. An agent of an insurance company authorized to place insurance on property, collect the premiums, deliver policies, and sign with his own name and attach to policies, as he may think proper, a printed provision not contained in the body of the policy, requiring the insured to take an inventory once a year, and keep correct books of account, showing all purchases and sales, and to keep all inventories and books in a fire-proof safe, or other place secure from fire, during the time the store is closed for business, and declaring the policy void for non-compliance with such conditions, may waive such requirement afterwards, and the company will be bound by his waiver of the same.</p>