 | William Barber - Insurance law - 1882 - 456 pages
...evidence of its payment so far as to make the policy binding, notwithstanding any stipulation therein that it shall not be binding until the premium is actually paid. Civ. Code Cal. 2598. NY Civ. Code, 1412. This rule is founded on the presumption that a policy containing... | |
 | Law reports, digests, etc - 1901 - 1164 pages
...evidence of its payment, so far as to make the policy binding, notwithstanding any stipulation therein that It shall not be binding until the premium is actually paid." Such recital would not conclude the insurer in an action upon the note from showing that it had not... | |
 | James Henry Deering - Law reports, digests, etc - 1895 - 1114 pages
...541.) Cited 79 Cal. 60. 1541 the validity of the policy, notwithstanding a declaration in the policy that it shall not be binding until the premium is Actually paid ; and the same result follows where the policy is delivered as a binding and completed contract upon... | |
 | Joseph Asbury Joyce - Insurance law - 1897 - 1008 pages
...a formal receipt of the premium, its unconditional delivery is conclusive evidence of payment so as to estop the company from denying the validity of...not be binding until the premium is actually paid ;- that the same result follows where the policy is delivered as a valid and completed contract upon... | |
 | Abraham Clark Freeman - Law reports, digests, etc - 1900 - 1044 pages
...a formal receipt of the premium, Its unconditional delivery Is conclusive evidence of payment so as to estop the company from denying the validity of...not be binding until the premium is actually paid: Farnum v. Phoenix Ins. Co.. S3 Cal. 246, 17 Am. St. Rep. 233; Southern Life Ins. Co. v. Booker, 9 Helsk.... | |
 | Abraham Clark Freeman - Law reports, digests, etc - 1900 - 1050 pages
...a formal receipt of the premium, Its unconditional delivery is conclusive evidence of payment so as to estop the company from denying the validity of...notwithstanding the declaration in It that it shall not he binding until the premium is actually paid: Farnum v. Phoepix Ins. Co., 83 Cal. 246, 17 Am. St.... | |
 | Anthony Jennings Bledsoe - Commercial law - 1903 - 500 pages
...extend a limited credit for the premium, has the power of the company to waive a condition in the policy that it shall not be binding until the premium is actually paid, and does waive such condition by delivering the policy unconditionally under an agreement for credit,... | |
 | California. Supreme Court - Law reports, digests, etc - 1906 - 778 pages
...the premium is actually paid ; and the same result follows where the policy is delivered as a binding and completed contract upon a consideration expressed therein, the receipt of which is iinpliedly acknowledged, an authorized credit having been agreed upon as a substitute for cash payment,... | |
 | Law reports, digests, etc - 1908 - 1392 pages
...insurance has been rectified, nor until the payment of the premium, there being no provision in the policy that it shall not be binding until the premium is actually paid. Same — Iron-safe clause — compliance. 2. The iron-safe clause in an insurance policy is not complied... | |
 | George Richards - Forms (Law) - 1909 - 1002 pages
...evidence of its payment, so far as to make the policy binding, notwithstanding any stipulation therein that it shall not be binding until the premium is actually paid." California, Civ. Code, 1903, § 2598. North Dakota, Rev. Code, 1899, § 4499. Montana, Rev. Code, 1907,... | |
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An acknowledgment in a policy of the receipt of premium is conclusive evidence of its payment, so far as to make the policy binding, notwithstanding any stipulation therein that it shall not be binding until the premium is actually paid. 
