55 - Acceptance of premium by carrier an estoppel.

§  55.  Acceptance  of premium by carrier an estoppel. Acceptance of a  premium on a policy securing to an employee compensation,  either  alone  or  in  connection  with  other  insurance,  shall  estop the carrier so  accepting from pleading that the employment of such employee  is  not  a  hazardous  employment  or the employment is not carried on for pecuniary  gain.