SANDON v. JOHN HANCOCK MUT. LIFE INS. CO.

No. 48325.

62 N.W.2d 247 (1954)

SANDON v. JOHN HANCOCK MUT. LIFE INS. CO.

Supreme Court of Iowa.

January 12, 1954.


Attorney(s) appearing for the Case

John F. Davis, Des Moines, for appellant.

Henry & Henry, Des Moines, for appellee.


LARSON, Justice.

On June 7, 1949, plaintiff became an agent of defendant company under a written agreement authorizing him to solicit various types of insurance including group insurance. His writing commissions were based on a schedule allowing percentages on first year premiums as follows: On the first $1,000 of premium, 20%; on the next $4,000, 20%; on the next $5,000, 15%; on the next $10,000, 12½%; on the next $10,000, 10%; on the next $20,000, 5%; on all...

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