Karp v. Metropolitan Life Insurance

Decedent’s application for insurance which, by incorporation in the policy and by virtue of the statute (P. L., c. 277, s. 8) became a part of her contract with the defendant, contained a stipulation “that the policy shall not be binding upon the Company unless upon its date I shall be alive and in sound health.” The policy also contained the following provision: “If (1) the Insured is not alive or is not in sound health on the date hereof; or if (2) before the date hereof, the insured . .. has had any ... disease of the heart.. ., then in any such case, the Company may declare this Policy…