Le May v. Metropolitan Life Insurance

The action is upon two policies of life insurance issued by the defendant company. Each of' the policies has similar provisions regarding indemnity for accidental death. The parties have stipulated that death was accidental.

The policies were issued in 1932 and were upon a weekly payment basis. One was for the face amount of $370. The other was for the face amount of $594. The policies contained a provision that if premiums should not be paid when due, the policies would lapse, subject to the provisions for a grace period and subject to the nonforfeiture privileges, and that the lapse should…