Harms v. John Hancock Mutual Life Insurance

On November 22, 1944, defendant issued a policy of insurance to Bayard E. Hatch, Jr., naming plaintiff, Josephine Hatch (Harms), his mother, and Bayard Hatch, his father, as beneficiaries. The annual premium was $95.90 subsequently divided into four quarterly premiums of $25.40 each. The first premium was paid when due; the second due on February 22, 1945, was paid on March 14th of that year; the third due on May 22, 1945, was never paid. There was a thirty-one-day grace period in which an insured could pay any premium after its due date, the policy to remain in force during this grace…