National Life & Accident Insurance v. Chastain

1. Where an accident-insurance policy provided that the insurer “may cancel this policy at any time by written notice delivered to the insured,” the unearned premium to be returned to the insured, and “such cancellation shall be without prejudice to any claim originating prior thereto,” and that the “acceptance of any renewal premium shall be optional with the company,” and where the policy provided for the payment of monthly premiums on the first day of each month, and the insured paid the same on the first day of each month, and where, because the insured contracted diabetes, which was not…