Clark v. Life Ins. Co. of v. Rginia

ODOM, Justice.

The defendant Life Insurance Company issued to Chris Harris an industrial life insurance policy for $150 on .October 31, 1898; the premium being 15 cents per week, payable in advance. Harris paid the premiums regularly until March 12, 1923. None were paid thereafter, and admittedly the policy lapsed on March 19, 1923, for nonpayment of premiums. The insured died on August 4, 1933, 10 years, 4 months, and 15 days after the lapse.

The policy contained the following stipulation : “If, after the payment of the weekly premium hereon for five or more years, this Policy shall become…