Fidelity Deposit Co. of Maryland v. Frazier

On August 19, 1924, the North American Life Insurance Company issued its policy or contract of life, sick and accident insurance to George G. Frazier in the principal sum of $1,000. The contract expressly provided, if the insured suffered total and permanent disability within certain provisions of the policy, he would be paid the sum of $100 per year so long as he lived. The contract contained this pertinent provision:

“If the insured shall furnish the company due proof that, while this policy is in full force for the face amount during the premium, paying period, and before default in payment…