Delvaux v. Metropolitan Life Insurance
Appellate Court of Illinois
Error to the Municipal Court of Chicago; the Hon. Stephen A. Postee, Judge, presiding. Heard in the Branch Appellate Court at the October term, 1910.
1Opinion of the CourtJustice Fitch
The Metropolitan Life Insurance Company, hereinafter called the defendant, issued, August 17, 1901, its twenty-year endowment policy for $1,000, upon the life of Peter Delvaux, payable to Barbara Delvaux, plaintiff below. The premiums were payable half-yearly on February 17th and Aug’ust 17th, and it was the custom of defendant to allow thirty days grace. In February, 1908, Peter Delvaux obtained a loan from the company, for an amount equal to the full loan value of the policy at that time, and to its cash surrender value on August 17, 1908. Delvaux did not pay the premium due in August,…
2Cases cited16 opinions
- Moulor v. American Life InsuranceSupreme Court of the United States · 1884
- Continental Life Insurance v. RogersIllinois Supreme Court · 1887
- Billings v. Metropolitan Life InsuranceSupreme Court of Vermont · 1898
- Franklin Life Insurance v. GalliganSupreme Court of Arkansas · 1903
- Minnesota Mutual Life Insurance v. LinkIllinois Supreme Court · 1907
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