Moore v. Continental Insurance
Court of Appeals of Kentucky
Case 47 — ACTION ON INSURANCE POLICY. APPEAL FROM BRECKINRIDGE CIRCUIT COURT. The retention of the note and the effort to collect it operated as a waiver -of the forfeiture. Moreland v. Union Cent.
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Case 47 — ACTION ON INSURANCE POLICY. APPEAL FROM BRECKINRIDGE CIRCUIT COURT. The retention of the note and the effort to collect it operated as a waiver -of the forfeiture. Moreland v. Union Cent. L. Ins. .Co., 104 Ky., 129. 1. A provision in a policy of insurance, which requires notes given in payment therefor to be paid promptly at maturity, and specifying that, in the event the insured fails to pay said notes at maturity, the policy shall lapse, and afford no protection for any loss that occurs after the -maturity, and before -the payment of such notes, is valid and reasonable and does…
1Opinion of the Court
JUDGE GUFFY
deeiveked the opinion of the cotjiit.
It appears from the record in this case that the appellee issued an insurance policy to the appellant in 1894 upon a dwelling house and other property, insuring same against loss by fire in the sum of $1,710, for the sum of $68.40, payable in annual installments of $17.10, falling due the first of February, 1895, 1896, 1897 and 1898, respectively; for which it appears that an obligation of appellant was executed therefor, payable as aforesaid.
It further appears that the installments were paid up to and including February 1, 1896, and that on the…
2Cases cited1 opinion
- Moreland v. Union Central Life InsuranceCourt of Appeals of Kentucky · 1898
3Cited by10 opinions
- Staples v. Continental Insurance Co. of N.Y.Court of Appeals of Kentucky (pre-1976) · 1928
- New England Mut. Life Ins. v. SpringgateCourt of Appeals of Kentucky · 1908
- Limerick v. Home InsuranceCourt of Appeals of Kentucky · 1912
- Walls v. Home InsuranceCourt of Appeals of Kentucky · 1903
- Inter-Southern Life Insurance v. DuffCourt of Appeals of Kentucky · 1919
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