Newton v. Gulf Life Insurance

1. Where a person makes application to a foreign accident insurance company through the latter’s agent, and the context of the application shows that a certain, specific, and definite policy of insurance is applied for, the applicant is presumed to be fully acquainted with all the terms and conditions of the policy applied for, and where the policy provided that “it is especially agreed that only the president, secretary, or actuary shall have power to alter or change the terms of this contract or waive *331forfeitures, and that it shall not be within the scope of the authority of any agent,…