Hildebrand v. FRANKLIN LIFE INSUR. CO.

The plaintiffs son, Stephen Hildebrand, applied for a policy of life insurance with the defendant, gave the defendant’s agent a check for the first month’s premium, and received a conditional premium receipt in return; he died while his application was on its way to the defendant’s home office. Aware of the death, the defendant investigated the applicant’s answers to some questions on the application and learned that he had understated the number of his traffic convictions and license suspensions. Therefore, the defendant declined to issue the policy and denied coverage, relying on the…