Boll v. Catholic Knights of Wisconsin

In this case insured, who was obligated by the terms of his certificate to pay premiums or assessments each month, came into default and was suspended prior to his death. The question here presented is whether at the time of these defaults insured had reserve credits which entitled him to extended insurance.

Defendant is a fraternal benefit society organized and operating under the provisions of ch. 208, Stats. For some years the society operated upon rates that were inadequate to maintain its solvency and pay out its death benefits. As of January 1, 1917, it increased its rates and adopted a…