Daley v. Metropolitan Life Insurance

The policy by its terms would have-become forfeited for non-payment of premiums four weeks after June 28, 1920, but for the extension of the grace period to thirteen weeks, which kept it in force until September 27. It is conceded that the tender of October 9 could not operate to reinstate the policy under the revival clause since the insured’s condition at that time precluded compliance with the requirement of proof of good health. The tender was therefore too late Unless there was a waiver of the time limit, and the exception relative to a directed verdict presents the question whether…