Supreme Court of Vermont May 5, 1942 (New York Life Ins. Co. v. McLaughlin)

Sherburne, J.

In 1925 the plaintiff insurance company issued to the defendant Michael H. McLaughlin two life insurance policies. These carried double indemnity and disability benefits and called for extra stated premiums to cover the extra risks. Premiums were due each second day of September, with a grace period of one month allowed for payment.