Malchinsky v. Mutual Life Insurance

OiPiNiON by

Cunningham, J.,

Under date of March 28, 1919, the Mutual Life Insurance Company of New York, defendant below and appellant here, issued a twenty-year endowment policy of insurance on the life of William Malchinsky for $2,000, in which his father, Samuel Malchinsky, was named as beneficiary. The annual premiums of $100 each were paid on this policy for two years but default was made in the payment of the premium due March 28, 1921, and nothing was paid on account of the premiums due on this policy until September 17, 1923, upon which date the premiums in arrears, together with…