Stonsz v. Equitable Life Assurance Society of the United States

Opinion by

Mr. Chief Justice Kephart,

On June 28, 1927, appellee applied to appellant for an insurance policy containing provisions for death benefits, with a double indemnity feature, and annuity payments for disability. On the same day he was examined by appellant’s physician, and paid his first premium as estimated by the agent. The latter gave appellee a receipt reciting that if he was then an insurable risk for the insurance applied for in the opinion of appellant’s agents at the home office, it would be effective as of the date of the receipt. Appellee on or about June 30th sustained…