Jackson v. Kennesaw Life & Accident Insurance

Pannell, Judge.

Virginia Walker Jackson was the beneficiary named in three insurance policies on the life of her father, Thomas Walker Jackson. The policies were all dated March 2, 1956, and provided for payment of annual premiums. All annual premiums due through March 2, 1963, were paid. On March 2, 1964, the father of the insured paid to the insurance company a quarterly premium on the policies which kept the policies in force through June 2, 1964 (plus a thirty-day grace period), and upon a failure of the insured to make further premium payments, the cash value of the policies, after…