O'Reilly v. Miller

The facts in this ease are substantially as follows: Respondent in 1924, as agent of the New World Life Insurance Company, wrote a policy on the life of appellant in the sum of $5,000, the yearly premium, being $321.80. Appellant did not pay the premium and returned the policy to respondent about ninety days thereafter, whereupon he went to see appellant and explained that he would not accept its return. After some conversation, in which it developed that appellant was not financially able at the time to pay the premium, it was agreed that respondent should pay the same to the insurance…