Illinois Bankers' Life Ass'n v. Rhodes
Supreme Court of Arkansas
Appeal from' Clay Circuit Court, Eastern District; B. H. Dudley, Judge; 1. There was no evidence to sustain the verdict.
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Appeal from' Clay Circuit Court, Eastern District; B. H. Dudley, Judge; 1. There was no evidence to sustain the verdict. It is clearly shown that the policies were rejected or voluntarily surrendered and that the contract was abandoned and rescinded. 2. Whether or not the right of cancellation is reserved in a policy, there, may be an immediate cancellation, abandonment or rescission of the contract by agreement of the insurer and insured, either by parol or in writing. 112 Ark. 582; 55 S. E. 11; 42 S. W. 180; 94 Pa. St. 394; 81 Tenn. 340; 109 Ark. 17; Cooley’s Briefs on Ins., 2833. |89 N. E.…
1Opinion of the CourtMcCulloch, C. J.
This is an action instituted by appellee on a policy of insurance written by appellant on the life of Isaac C. Ward, payable, in the event of his death, to appellee who was his wife. The material facts in the case are undisputed; and, if appellee is entitled to recover, the alleged errors of the court in its instructions and in its ruling on the admissibility of evidence are unimportant.
Appellant is a foreign corporation engaged in the . life insurance business, and J. D. Wright was its local soliciting agent in Clay County, Arkansas. On July 26, 1918, Isaac C. Ward gave his written…
2Cases cited1 opinion
- Equitable Life Assurance Society of the United States v. StoughIndiana Court of Appeals · 1909
3Cited by4 opinions
- Nielsen v. General American Life Ins. Co.Court of Appeals for the Tenth Circuit · 1937
- LaLonde v. Roman Standard Life Ins.Michigan Supreme Court · 1934
- Neely v. Sun Life Assurance Co. of CanadaSupreme Court of Arkansas · 1942
- Scales v. the Union Central Life Insurance Co.Supreme Court of Arkansas · 1940