Underwood v. Jefferson Standard Life Insurance
Supreme Court of North Carolina
ActioN tried before Shaw, J., at December Term, 1918, of Guileobd. The case is as follows: Tlie policy was issued by the Greensboro Life Insurance Company, 1 August, 1905, and on 12 September, 1912, tbis company was merged witb defendant.
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ActioN tried before Shaw, J., at December Term, 1918, of Guileobd. The case is as follows: Tlie policy was issued by the Greensboro Life Insurance Company, 1 August, 1905, and on 12 September, 1912, tbis company was merged witb defendant. Nine full annual premiums were paid, the last being paid to the defendant on or about 1 August, 1913. Tbe premium due on 1 August, 1914, was not paid in full, but $66.85 was paid upon it and a “blue note” for $96 was given, which plaintiff contends by its terms kept the policy in force until 1 February, 1915. The policy was originally payable to Ruth…
1Opinion of the Court
Walker, J.,
after stating the case: The plaintiff contends, upon the-above stated facts, that the policy was kept in force until after the death of the insured by the nonforfeiture provisions above set forth. And, for the purpose of calculating the extended insurance, she insists that the-value of the policy at the end of the ninth year was $1,010, the number set opposite the figure 9 in Table A, and from this sum should be taken the amount for which, the policy was liable; and she further contends that this amount was the sum of $385 (the amount of the note she signed), and $162.04 (the sums…
2Cases cited14 opinions
- National Bank v. Insurance Co.Supreme Court of the United States · 1878
- Arnold v. Empire Mutual Annuity & Life InsuranceCourt of Appeals of Georgia · 1908
- Grabbs v. Farmers' Mutual Fire InsuranceSupreme Court of North Carolina · 1899
- Pitt v. Berkshire Life InsuranceMassachusetts Supreme Judicial Court · 1868
- Rayburn v. . Casualty Co.Supreme Court of North Carolina · 1905
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3Cited by19 opinions
- Jolley v. Jefferson Standard Life InsuranceSupreme Court of North Carolina · 1930
- Southland Life Ins. Co. v. HopkinsCourt of Appeals of Texas · 1920
- Hayworth v. Philadelphia Life InsuranceSupreme Court of North Carolina · 1925
- Inter-Southern Life Insurance Co. v. OmerCourt of Appeals of Kentucky (pre-1976) · 1931
- Underwood v. State Life InsuranceSupreme Court of North Carolina · 1923
14 more not listed; retrieve them via the Exa API.