Sovereign Camp, W. O. W. v. Muse

Some years ago appellees’ decedent, Fred H. Muse, became the holder of a beneficiary certificate or policy of life insurance in appellant society, paying the dues or premiums upon the monthly payment plan. The policy contained a stipulation in regard to the monthly payment of dues or premiums to the effect that if a policyholder “fail to make any such payment on or before the last day of the month, he shall stand suspended, andi during such suspension his beneficiary certificate shall be void.” This provision is accompanied by other provisions for the reinstatement of a suspended…