Quigg v. Coffy

Matteson, O. J.

This is an action of assumpsit on a promissory note given in payment in part for a premium on a life insurance policy. The plaintiff was an agent of the New York Life Insurance Company, and as such was entitled to a commission of fifty per cent, of the first premium on every policy issued by the company for insurance effected by him. He effected insurance on the defendant’s life for which the company issued its policy. The annual premium on this policy was the same in amount which would have been required for any other person of the same age, sex, condition of health, and hope…