Missouri State Life Insurance v. Case

On November 12,1920, tbe Missouri State Life Insurance Company issued its policy in favor of Dr. William Byers Case, under tbe terms of which, in consideration of the payment in advance of the sum of $200.25 and the further payment of like sums on or before the 12th day of November of each year thereafter, his life was insured in an amount of $5,000. The policy provided for total and permanent disability benefits in the sum of $50 per month, in consideration of which the insured paid, on the dates aforesaid, an annual premium of $16.45. The annual premiums were paid each year up to and…