Hollingsworth v. Liberty Life Insurance

This action was brought on a life insurance policy by the beneficiary. The issue tried in the circuit was whether the premium had been paid for one year or only for three months. Plaintiff had verdict and judgment and defendant reviews by writ of error.

The insured, plaintiff’s husband, on April 23, 1925, made a written application for the insurance in which he elected to pay the premium quarterly. The policy issued and unconditionally delivered to the insured recited:

“This insurance is granted in consideration of the application herefor, and of the premium of fifty-six and 66-100 dollars,…