IMPORTANT LIFE INSURANCE CASE.
(Br TELEGRAPH. — PRESS ASSOCIATION.)
Wellington-, Tuesday. Judgment was delivered to-day in tho case of Skey v. the Mutual Lifo Association of Australasia, in which the plaintiff sought to recover £1,500, amounb of policy on the life of his son. In his judgtnenSt Mr Justice Richmond says tho policy, as ho reads it, makes the undertaking'of the Association to pay subject to tho condition that no premium bo overdue at tho death of the assured. As Mr Skey's cheque was nob honoured during hi 3 lifetime the premium was overdue ab tho time of his doath, and this was nob imputable to any default on tho part of the Association. "The receipt given was only conditional upon payment in cash of the premium during the lifetime of tho assured, and by the law of the Association did not in the Judge's opinion make admissible payment of an overdue premium after the death of the assured. Judgment would therefore be for the defendant, with costs on the highest scale and two extra days.
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Bibliographic details
Auckland Star, Volume XXV, Issue 164, 11 July 1894, Page 5
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175IMPORTANT LIFE INSURANCE CASE. Auckland Star, Volume XXV, Issue 164, 11 July 1894, Page 5
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