Fidelity Mutual Life Insurance v. Gardner's Administrator

Opinion op the 'Court by

Judge Clay

Affirming.

On June 2,1926, the Fidelity Mutual Life Insurance Company issued to Darrell D. Gardner a policy insuring his life in the sum of $1,000, payable to his estate, and providing for permanent total disability benefits for which $2.47 of the ^annual premium of $30.79 was paid. Among the miscellaneous provisions contained in section 4 of the policy is the following:

“Payment of premiums and Days of Grace.— Every premium is due and payable in advance at the Head Office of the Company in Philadelphia, Pennr sylvania, but may be paid to an authorized agent of…