Life Cas. Ins. Co. of Tennessee v. McCray
Supreme Court of Arkansas
1Opinion of the CourtMcHaney, J.
Appellee is the beneficiary named in a policy of insurance for $500 issued by appellant on the life of her husband, Jonas McCray, dated November 3, 1930, premiums being due and payable semi-annually on May 1 and November 1. The cash premium was paid, but the premium due May 1, 1931, was not paid when due nor within the grace period. The policy provided for a grace period of 30 days for the payment of any premium after the first ‘ ‘ during which time the insurance shall continue in force.” And further: “If any premium or installment of premium be not paid before the end of the period of grace,…
2Cases cited5 opinions
- New York Life Insurance v. AdamsSupreme Court of Arkansas · 1921
- Security Life Insurance Company v. LeeperSupreme Court of Arkansas · 1926
- Security Ins. Co. of New Haven v. SmithSupreme Court of Arkansas · 1931
- Mutual Life Insurance v. MarshSupreme Court of Arkansas · 1932
- Equitable Life Assurance Society of the United States v. KingSupreme Court of Arkansas · 1928
3Cited by15 opinions
- Life & Casualty Ins. Co. of Tenn. v. McCraySupreme Court of the United States · 1934
- Missouri State Life Insurance v. MartinSupreme Court of Arkansas · 1934
- New York Life Insurance Company v. DandridgeSupreme Court of Arkansas · 1941
- New York Life Insurance v. CampbellSupreme Court of Arkansas · 1935
- John Hancock Mut. Life Ins. Co. Of Boston, Mass. v. MunnCourt of Appeals for the Eighth Circuit · 1951
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