Queen Ins. Co. of America v. Bethel Chapel

SAMFORD, Judge.

As has been decided in this state, a verbal contract of insurance, is valid and when complete will be enforced according to its terms. As was said by our Supreme Court: “The rate of premium, duration of the policy, nature of the risk, 'the property, and location of same, as well as the amount of insurance must be agreed upon.” Globe & Rutgers Fire Ins. Co. v. Eureka Sawmill Co., 227 Ala. 667, 151 So. 827, 829. It was also held in the case just cited, supra, that the plaintiff, must allege and prove a consideration for the contract. Liverpool & L. & G. Ins. Co., Ltd., v. McCree,…