Guardian Life Insurance Company America v. Merlin C. Schaefer

[laintiff, Guardian Life Ins. Co. of America (Guardian), contracted with defendant, Merlin Schaefer, on December 18, 1981
to sell him disability insurance. The policy was "backdated" to expressly indicate that its "date of issue" was December 4,
1981. According to Guardian, such back-dating accorded with its customary practices and enabled Schaefer to take advantage
of a reduced premium rate.