Larr v. Minnesota Mutual Life Insurance

EDITH H. JONES, Circuit Judge:

The Supreme Court of Mississippi has courteously responded to the certified questions we earlier posed, see 884 F.2d 892 (5th Cir.1989), by explaining that an insurance provision that terminates the contract when an insured reaches a specified age may be waived by the insurer’s continued acceptance of premium payments. Minnesota Mutual Life Ins. Co. v. Larr, 567 So.2d 239 (1990); Boult v. Maryland Cas. Co., 111 F.2d 257 (5th Cir.1940). The state Supreme Court noted, however, that application of the Boult principle to the instant case was beyond the scope of its…