Notes to Statutes of Indiana baixar o livro de graça

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1914 Excerpt: ... brother or sister in other's life." 45 L. R. A. (N. S.) 982. 4714. Revocation of license of insurance agent by auditor of state' Burns' Stat. 4791a; Acts 1909, p. 277. 4714a. A local agent of a life insurance company may bind the company by acts within the ordinary authority of such agents, unless his authority was limited and third persons had knowledge of the limitations. Thompson v. Michigan Mutual Life Ins. Co., (App.), 105 N. E. 780. Life insurance companies are responsible, not only for the acts of their agents within the scope of their agency, but for the acts of the agents' clerks, when the company knew or ought to have known that the agent necessarily employed assistants for the collection of premiums and delivery of policies. Thompson v. Michigan Mutual Life Ins. Co., (App.), 105 N. E. 780. An agent who has no power to appoint a sub-agent can not ratify the act of a sub-agent so as to bind his principal. Thompson v. Michigan Mutual Life Ins. Co., (App.), 105 N. E. 780. See Insurance, 73, Indiana, Dec. & Am. Digs.; 22 Cyc. 1427. 4716. Form and contents of life insurance policy. Burns' Stat. 4622a; Acts 1909, p. 251. Circulation of misrepresentations as to the terms of a policy. Burns' Stat. 4714d; Acts 1909, p. 273. Rebates of premiums forbidden. Burns' Stat. 4706a; Acts 1909, p. 85. Application for insurance. Where an application for insurance is made in one state, forwarded to another State, and the policy is written and mailed in the latter state, the delivery is complete at the time the policy is mailed, even though mailed to the company's agent for delivery. Travelers' Protective Assn. v. Smith, (Ind.), 101 N. E. 817. Where the answers of the assured in his application for life insurance can be const...