Sydnor v. Metropolitan Life Insurance

Citations

• 26 Pa. Super. 521
• 1904 Pa. Super. LEXIS 346

Syllabus

<p>Insurance — Life insurance — Premiums—Payment of premiums.</p> <p>Where a policy of life insurance provides that there shall be no obligation upon the company until the first premium has been paid, and also provides for foúr payments in each year on or before the thirty-first days of March, June, September and December, and it appears that the first premium was not paid until April 26, although the policy was dated March 31, subsequent premiums must be paid on the days designated in the policy, and not at the end of terms of three months each, beginning with April 26.</p> <p>Insurance — Life insurance — Payment of premiums — Condition of health— Waiver.</p> <p>The acceptance of a second premium on a policy of life insurance after it has become due, and when the insured is in good health, does not constitute a waiver of the conditions of the policy as to the payment of future premiums regardless of the health of the assured at the time such future premiums are permitted to become in default.</p>