INSURANCE PREMIUMS

Hawke's Bay Tribune, Volume XVII, 2 December 1927, Page 8

INSURANCE PREMIUMS

CLAIM AGAINST COMPANY. i JUDGMENT FOR DEFENDANTS. Wellington, Dec. 1. Patrick Joseph Griffin, hotel proprietor, claimed in the Supreme Court to-day, before the Chief Justice, £513 15s from the Australian Provincial Assurance Association, Ltd., and Thomas Wellington Bapley, of Sydney, in respect of premiums paid on a policy of a life insurance on September 23 1925, and April 1, 1926. Rapley was the general manager of the A.P.A. for Now Zealand. Griffin said that although the payment in March, 1926, was on the 31st, it was arranged with the insurance company that payment be made on April I in view of his financial year ending on March 31. He said he posted his premium on April 2, 1927, in a pillar box. The chesue had been received by the company on April 4. Sunday intervening, Griffin was informed his premium was late and he consented to being Examined again for a declaration of health. On that account, he was offered a loaded policy and he refused. The company returned his cheque. Griffin claimed that there had been an understanding between Rapley and himself by which he expected n waiver of the conditions of the pollicy, that the payment on April 2 was a payment in time, and that the company had no right to cancel his policy, and offer him a loaded ono in lieu of it. The company’s defence was that the premium was not paid in time, and was therefore mill and void. Plaintiff was held by the Chief Justice not to have established his case, and ho gave judgment for the defendants.