Union Central Life Insurance v. Loughmiller

On January 20, 1893, the appellant insurance company issued a policy upon the life of Thomas B. Loughmiller for $1,000, upon the twenty-payment life plan, in consideration of the payment of the annual premium of $34.22 during said twenty years; appellee, wife of the insured, being named as beneficiary therein. The policy contained provisions as follows:

“In consideration of the statements made in the, application for this policy, which application is hereby made a part of this contract, and of the annual payment of the sum of $34.22, at the home office of the company, on or before tho *31115th day…