Reinhardt v. Life & Casualty Insurance

The policy of insurance construed in Gilmore v. Ins. Co., 199 N. C., 632, 155 S. E., 566, contained a limitation to the effect that if the insured should die from Bright’s disease before the policy had been in force for two years that the liability of the insurer was limited to the return of premiums paid on the policy. Such limitation was approved by the court upon authority of Spruill v. Ins. Co., 120 N. C., 141, 27 S. E., 39. In addition the court ruled that the principle announced in Holbrook v. Ins. Co., 196 N. C., 333, 145 S. E., 609, did not apply to such reasonable limitations…