Glens Falls Insurance Company v. Johnson

In Hartford Fire Ins. Co. v. Wade, 208 Okl. 573, 257 P.2d 1064, we said:

“A contract of insurance consists of an agreement between the insured and the insurer, including the following elements: (1) The subject-matter; (2) the risk insured against; (3) the amount; (4) the period of risk; and (5) the premium; and there is no contract until the minds of the parties meet in these respects. * * * ”

In my opinion, there was not a meeting of the minds between plaintiff and the insurance agent Chapman concerning the period of risk. Plaintiff argues that the period of risk began March 6, 1957, and ended…