Mallory v. Metropolitan Life Insurance

Plaintiff sues as the beneficiary named in a policy issued upon the life of her husband. The policy provided that—

“If the payment of the weekly premiums upon this policy shall be in arrears more than four weeks, this policy shall thereupon become void."

It also provided that—

“Agents are not authorized to make, alter, or discharge contracts, or waive forfeitures, 'or receive premiums on policies in arrears after the time allowed by the regulations of the company."

By the terms of the application, the insured “agrees to be governed by the rules and regulations" of the company. A receipt-book was…