Virginia Decisions : a Collection of Virginia Cases Not Officially Reported
Virginia Decisions : a Collection of Virginia Cases Not Officially Reported
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Decree affirmed.
Digitized by VjOOQIC 508 Valley Mut. Life Ins. Co. v. Burke. [Vol. 1 The Valley Mutual Life Ins. Co.
V.
Jos. D. Burke etals.
{Supreme Court of Appeals of Virginia, September, 1882,) [Virginia L^aw Journal, 1883, p. 173.] Life Insurance — Beneficiary— Assignment.* If a person insures his life for the benefit of another, who is named as the beneficiary in the policy of insurance, the tijle of the beneficiary to the insurance money is vested immediately upon the issuing of the pol...icy, and there is no power in the person pro- curing the insurance to defeat that title by assigning or surren- dering the policy.
Same— Same — Payment of Premiums — To Whom Benefit Accrues.
Although there is no obligation upon the person procuring the insurance, in the absence of any covenant to that eflFect, to con- tinue to pay the premiums on such policy, yet if he does so, the benefit will accrue to the beneficiary.
Same— Suit on Policy by Beneficiary — Evidence— Statements as to Health by Insured after Issuance of Policy — Not Admissible against Beneficiary.
What to read after Virginia Decisions : a Collection of Virginia Cases Not Officially Reported?
You can find similar books in the "Read Also" column, or choose other free books by Virginia Courts to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Decree affirmed.
Digitized by VjOOQIC 508 Valley Mut. Life Ins. Co. v. Burke. [Vol. 1 The Valley Mutual Life Ins. Co.
V.
Jos. D. Burke etals.
{Supreme Court of Appeals of Virginia, September, 1882,) [Virginia L^aw Journal, 1883, p. 173.] Life Insurance — Beneficiary— Assignment.* If a person insures his life for the benefit of another, who is named as the beneficiary in the policy of insurance, the tijle of the beneficiary to the insurance money is vested immediately upon the issuing of the pol...icy, and there is no power in the person pro- curing the insurance to defeat that title by assigning or surren- dering the policy.
Same— Same — Payment of Premiums — To Whom Benefit Accrues.
Although there is no obligation upon the person procuring the insurance, in the absence of any covenant to that eflFect, to con- tinue to pay the premiums on such policy, yet if he does so, the benefit will accrue to the beneficiary.
Same— Suit on Policy by Beneficiary — Evidence— Statements as to Health by Insured after Issuance of Policy — Not Admissible against Beneficiary.
What to read after Virginia Decisions : a Collection of Virginia Cases Not Officially Reported?
You can find similar books in the "Read Also" column, or choose other free books by Virginia Courts to read onlineMoreLess
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