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INVESTORS SYNDICATE LIFE INS. & ANN. CO. v. SLAYTON

429 S.W.2d 368 (1968)

INVESTORS SYNDICATE LIFE INSURANCE AND ANNUITY COMPANY, Appellant, v. Loy F. SLAYTON, Appellee.

Court of Appeals of Kentucky.

June 14, 1968.

Attorney(s) appearing for the Case

Faurest & Collier, Elizabethtown, for appellant.

D. H. Robinson, Louisville, for appellee.

CULLEN, Commissioner.

John Slayton made application for a life insurance policy ($4,500) with an agent of Investors Syndicate Life Insurance and Annuity Company. The agent issued a "Conditional Receipt" which made the insurance immediately effective (subject to certain conditions as to the effect of which there is a dispute) and mailed the application to the home office. This was on June 1, 1963. On June 3 the application arrived at the home office and on the same...

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