McEachern v. New York Life Insurance
Court of Appeals of Georgia
Action on insurance policy; from city court of Atlanta—Judge Eeid. September 17, 1913. On October 22, 1898, the New York Life Insurance Company issued a twenty-annual-payment-policy on the life of Eobert A. Mc-Eachern for $10,006, payable to John H. McEachern, father of the insured, or “in the event of his prior death, to the insured’s executors, administrators or assigns,” etc., in consideration of the sum of $489, to be paid in advance, and “of the payment of a like sum on…
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Action on insurance policy; from city court of Atlanta—Judge Eeid. September 17, 1913. On October 22, 1898, the New York Life Insurance Company issued a twenty-annual-payment-policy on the life of Eobert A. Mc-Eachern for $10,006, payable to John H. McEachern, father of the insured, or “in the event of his prior death, to the insured’s executors, administrators or assigns,” etc., in consideration of the sum of $489, to be paid in advance, and “of the payment of a like sum on the 22d day of October in every year thereafter” during the continuance of the policy, “until twenty full years’…
1Opinion of the CourtGraham, J.
(After stating the foregoing facts.)
The judgment of the trial judge having been predicated on an agreed statement of facts, the issue is raised as to whether or not, under the principles of law applicable thereto, the plaintiff is entitled to recover any larger sum than the amount awarded by the court. If the policy sued on was properly foreclosed, under the terms of the loan agreement, after default of the insured and prior to his death, or if the policy was legally converted into paid-up insurance under the first paragraph of the non-forfeiture porvisions *230of the policy, then the judgment of…
2Cases cited12 opinions
- New York Life Insurance v. BabcockSupreme Court of Georgia · 1898
- Arnold v. Empire Mutual Annuity & Life InsuranceCourt of Appeals of Georgia · 1908
- Mutual Life Insurance v. DurdenCourt of Appeals of Georgia · 1911
- Veal v. Security Mutual Life InsuranceCourt of Appeals of Georgia · 1909
- New York Life Insurance v. N. L. Curry & Bro.Court of Appeals of Kentucky · 1903
7 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- State Mutual Life Insurance v. ForrestCourt of Appeals of Georgia · 1917
- Pacific States Life Ins. Co. v. BryceCourt of Appeals for the Tenth Circuit · 1933
- Schmidt v. Equitable Life Assurance Society of the United StatesIllinois Supreme Court · 1941
- Jeske, Admx. v. Metro. Life Ins. Co.Superior Court of Pennsylvania · 1934
- Knapp v. John Hancock Mutual Life InsuranceMissouri Court of Appeals · 1924
11 more not listed; retrieve them via the Exa API.