Terry v. State Mutual Life Insurance

Citations

• 72 S.E. 498
• 90 S.C. 1
• 1911 S.C. LEXIS 177

Syllabus

<p>Insurance. — Where a policy provides that premiums may be paid annually, semiannually, or quarterly, and that dividends due the insured may be used in paying premiums, failure to pay a premium after notice when due, or to request the dividend applied to it and to pay the difference, lapses the policy.</p>