Rabb v. Mutual Benefit Health & Accident Ass'n

Townsend, Judge.

1. “After a valid contract of insurance has been effectuated, the right of either party to cancel it at pleasure can accrue only in three ways: 1. By a concurrent agreement with the other party to that effect. 2. By a previous reservation of the right in the policy itself. 3. By statutory provision permitting it.” Prudential Ins. Co. v. Ferguson, 51 Ga. App. 341, 346 (180 S. E. 503). Reservation of such right in the company should be strictly construed, but where the language is plain and unambiguous it must be given its reasonable intendment in accordance with the intention…