Rees v. Jefferson Standard Life Insurance

It is generally understood that the nonpayment of a premium when due, or within the period of grace thereafter, in the absence of some extension or waiver, automatically avoids a policy of insurance. Allen v. Ins. Co., 215 N. C., 70, 1 (2d) S. E., 94. The parties seem to have assumed tbat tbe policy in suit was, by its terms, forfeited by tbe nonpayment of tbe quarterly premium due 14 April, 1938, unless waived, as tbe case bas been presented solely upon tbe question of waiver.

It is in evidence tbat tbe insured was totally unable to work, or to carry on any business, from 8 April, 1938, until…