Pfeiffer v. Missouri State Life Insurance

Hart, C. J.,

(after stating the facts). At the outset it may be stated that the annotator, in a case-note to 15 A. L. B., at page 318, states the general rule to be that insanity or incapacitating sickness of the insured will.not excuse the failure to pay insurance premiums at the required time so as to prevent a forfeiture of the policy, where the policy expressly provides for such forfeiture in the event of nonpayment. The rule is supported by many decisions of courts of last resort, including the Supreme Court of the United States. Such holding is in application of the well-established…