The Court of Appeal allowed Canada Life’s appeal and set aside summary judgment. It held that the statutory no change in insurability requirement is a condition precedent to contract formation and is not displaced by the two year contestability limitation.
Headline
Life policy dispute turns on change in insurability before delivery
The Court of Appeal allowed Canada Life’s appeal and set aside summary judgment. It held that the statutory no change in insurability requirement is a condition precedent to contract formation and is not displaced by the two year contestability limitation.