Searching over 5,500,000 cases.


searching
Buy This Entire Record For $7.95

Download the entire decision to receive the complete text, official citation,
docket number, dissents and concurrences, and footnotes for this case.

Learn more about what you receive with purchase of this case.

Mau v. Union Labor Life Insurance Co.

Decided: June 30, 1954.

SOPHIE B. MAU, PLAINTIFF-APPELLANT,
v.
THE UNION LABOR LIFE INSURANCE COMPANY, A DULY ORGANIZED LIFE INSURANCE COMPANY EXISTING UNDER THE LAWS OF THE STATE OF MARYLAND AND AUTHORIZED TO TRANSACT BUSINESS IN THE STATE OF NEW JERSEY, DEFENDANT-RESPONDENT



Eastwood, Freund and Francis. The opinion of the court was delivered by Francis, J.A.D.

Francis

This matter is before the court on appeal from a judgment which arose from a determination that the insurance policy in suit had lapsed for non-payment of premium. By consent of the parties, the action had been submitted to the trial court on the pleadings, pretrial order, interrogatories and answers thereto.

The record discloses that respondent Union Labor Life Insurance Company issued a policy of life insurance, effective July 1, 1948, to the decedent Albert C. Mau. It is a 12-months' term policy with a death benefit of $1,000, and is self-described on the face thereof as a "12-Months Term Policy, Special Conversion Option -- Special Renewal Option, Annual Distribution of Divisible Surplus." On the reverse side in Schedule A the number is given as WT-18 Ctf. No. 57. Mau's wife, appellant here, is named as beneficiary, and with respect to premium the following appears:

"Premium

$Quarterly

Payable

Averaged."

There is no other statement in the contract as to the amount of the premium or how it shall be paid.

The face of the policy says:

"The consideration for this insurance is the payment in advance at the Home Office of the Company, of the premium specified in said Schedule A * * *."

It further provides:

"This policy is participating and is entitled to a share in the surplus or profits of the Company as voted annually by the Board of

Directors. Such dividends shall upon the request of the Insured be applied to the reduction of premium payments, ...


Buy This Entire Record For $7.95

Download the entire decision to receive the complete text, official citation,
docket number, dissents and concurrences, and footnotes for this case.

Learn more about what you receive with purchase of this case.