National Equity Life Insurance v. Bourland

On July 13, 1925, John G. Bourland, now deceased, applied to appellant for two policies of life insurance for $5,000 each, carrying an annual premium of $217.99 each. These policies were issued, and dated October 3, 1925, at the request of the insured, who desired the premium® to become due on that date. In order to cover the risk between July 13 and October 3, appellant issued, to be attached to each policy, its “preliminary term insurance rider,” reading as follows:

“In consideration of the request contained in the application for this policy, and the payment of $2.77 (two dollars and…