Zallée v. Connecticut Mutual Life Insurance

This is an action for a rescission of a contract of life insurance, and to recover the annual premiums paid by plaintiff to the insurance compan}»'. On hearing, the circuit court dismissed the bill.

It appears from the evidence that plaintiff was, in 1867, holder of a policy of life insurance in defendant’s company, to be absolutely void on failure to pay the annual premiums. Plaintiff swears that the agent in St. Louis of defendant’s company then advised him to surrender the policy, which was forfeitable, and to make application for one that was non-forfeitable, on the non-forfeitable…