Penn Mutual Life Insurance v. Blount

This is a suit to recover on a life-insurance poli*757cy, brought against the insurance company in behalf of the beneficiaries named in the policy; the allegations,being that the defendant, by receiving the policy back from the person named therein as the insured, and changing the beneficiaries named in the policy after the defendant’s local agent had delivered the policy to the alleged insured without exacting payment of the initial premium, ratified the act of the local agent in so delivering the policy. See report of this case in 33 Ga. App. 642. The defendant denied ratification. A verdict…