Puckett v. Metropolitan Life Insurance

Bell,'J.

(After stating the foregoing facts.) In view of the stipulations of the application and the recitals of the policy, the knowledge of the insurer’s agent, who had no other authority than to solicit and write the application, to collect the premium and sign the company’s receipt therefor, and thereupon to make manual delivery of the policy, was' not imputable to the insurer, although, according to the stipulation in the policy and the receipt, the policy did not become effective until the premium was paid. This conclusion is not altered by the fact that the agent! in signing the…