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HomeMy WebLinkAbout2094 i S all liability, time becomes of the very essence of the ` contract, and a failure to pay as agreed terminates the ~ contract unless there is an attempted payment or a waiver or estoppel, and subject also to such exceptions or quali- - fications a~a may exist by reason of contract provision, or of statutes requiring notice, and of nonforfeiture and ~ similar enactments. In case the premium is not paid when ~ due, in consequence of which a forfeiture is incurred under the conditians of the contract, equity cannot grant i ~ relief, for where an ~automatic forfeiture provision is clear and unambiguous it must be enforced according to ~ its terms." Couch on Insurance 2nd §32:65 In this casQ the unqual.ified provision ~or termination of the extended coverage upon nunpayment of the premium is clear and unambigu- ous. From the undisputed facts it appears there was no fraud or mistake on the part of the parties, there is no sh~ring of a waiver by the insurance company, or anything which in equity would raise an estoppel. It appears that Dr. Sullivan had full knowledge of the condition under ~ which the extended coverage was offered and for some reason elected not to nay the premium, thereby allowing the extended coverage to become null and void. It is thereupon ~ ORDERED AND ADJUDGED that the Motion for Summary Judgment filed ' by the Defendant, THE EMPLOYERS' FIRE INSURANCE COMPANY, is hereby ~ t ! granted and Summary Final Judgment be and the same is hereby entered ; in favor of the Defendant, THE EMPLOYERS' FIRE INSURANCE COMPANY, anc7 ~ ~ ~ ~ agains t the Plaintiff, JOHN B. SULLIVAN, M.D. DONE AND ORDERED at Fort Pierce, St. Lucie County, Florida, this 6th day of September, 1974. p ~,~c.osK'~ fEU'' , sT lUC1c~ ~C, ~RAS t wL~uK :<<t* ~9~R e ~f rnR^ ,T. ~t ~~~~'1 - ' ~ ~ 3 a CIRCUIT JUDCE ~9i0~1 ~ Copies furnished to: : Mark Hicks, Esq., First Federal Bldg., 100 N.E. First Ave., Miami, FL ~ Michael Jeffries, Esq., P.O. Box 1270, Ft. Pierce, FL , x - 5 - ~ ~31- ,2 a89 ' ; ~ ~ . > ~ : - _ - ~ ~ ; , ~ ~ _ ~ .w