Arcuri v. Prudential Insurance Company of America

Plaintiff sued as the beneficiary of a life insurance policy. The defendant company pleaded that the policy never went into effect. The trial court found for the plaintiff. The facts in so far as they relate to this policy are that Antonio Ferraro, the deceased, applied. on December 7, 1928, for the policy in suit. He paid the first premium and agreed as follows: “ I further agree that the policy herein applied for shall be accepted subject to the privileges and provisions therein contained and that unless the full first premium is paid by me at the time of making this application, the policy…