McNeal v. Life & Casualty Insurance

Bbogdbn, I.

When a policy of insurance, properly executed, is offered by the insurer and accepted by the insured as the evidence of their contract, it must be conclusively presumed to contain all the terms of the agreement for insurance by which the parties intend to be bound. And when a formal written policy is delivered and accepted, the written policy, while it remains unaltered, constitutes the contract between the parties. Clements v. Ins. Co., 155 N. C., 57; Wilson v. Ins. Co., 155 N. C., 173; Hollingsworth v. Supreme Council, 175 N. C., 615; Guarantee Corporation v. Electric Co.; 179 N.…