Ginell v. Prudential Insurance

The facts are stipulated. On May 2, 1919, defendant issued to plaintiff its policy of insurance whereby, in con*468sideration of specified quarterly premiums, it insured plaintiff’s life in the sum of $1,000 payable twenty years from the date of the policy. The policy further provides:

“ Total and permanent disability benefits. Monthly income ten dollars per month * * * payable to the insured in event of total and permanent disability before age 60, subject to the provisions as to total and permanent disability contained in the policy.

“ Waiver of premiums in event of total and permanent disability…