Reports of the Cases Decided in the Appellate Court of Indiana Volume 45

Reports of the Cases Decided in the Appellate Court of Indiana Volume 45

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911 edition. Excerpt: ...judgment contrary to law. Judgment aifirmed. EQUITABLE LIFE ASSURANCE SOCIETY or THE UNITED STATES 'v. STOUGH. No. 6.819. Filed November 5, 1909. Rehearing denied January 26. 1910. Transfer denied February 24, 1910. 1. InsUmncE.--Bencflciarics.--l'ested Rights.--A policy giving to the assured the right to change his beneficiary does not give such beneficiary a vested right. p. 414. INSURANCE.--P0liC'iC8.----MlllUGl Abrogation.--A policy giving no vested right to the beneficiary may be abrogated by the mutual consent of assured and the company. p. 414. INsUB.lmcE.--C0ntract.--I'olic1/.--Noies.--The policy and the premium notes constitute the contract between the company and assured. p.414. 4. INSUBANCX-I.--Policy/.--Cancelati0n.---Where assured delivered up his policy to the company's local agent and obtained his premium note, his policy ceases to be binding, although the company, at its home ofiice, without knowledge of the facts, has issued a short rate premium for the time the policy was outstanding. p. 415. 5. INBUBANCE.--P0li0/.--NOI68.--E8i0p)('l.--r'h6I'e a policy is surrendered and the premium note canceled no action can be supported on the policy. and the company is estopped to maintain an action on the note. p.41 From Marion Circuit Court (15,192); Henry Clay Allen, Judge. Action by Matilda Stongii against the Equitable Life Assurance Society of the United States. From a judgment for plaintifi', defendant appeals. Reversed. Equitable Life Assur. Soc., etc., o. Stough---45 Ind. App. 411. John B. Elam, James W. Fesler and Harvey J. Elam, for appellant. M. M. Bachelder, for appellee. Comsrocx, J.--Appel1ee sued appellant on an insurance policy issued on the life of William E. Stough, in which appellee, ...
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Product details

  • Paperback | 278 pages
  • 189 x 246 x 15mm | 499g
  • United States
  • English
  • black & white illustrations
  • 123680483X
  • 9781236804839