 | Thomas S. Paton - 1862 - 250 pages
...(Briggs v. The Merchant Traders' Ship Loan and Assurance Association, 13 Q. B. 167.) 1. LIFE INSURANCE. A creditor has an insurable interest in the life of his debtor for the debt owing to him (Godsall v. Boldero, 9 East. 72; Lindenau v. Desborough, 8 Bar. and C. 586... | |
 | Thomas S. Paton - 1862 - 254 pages
...(Briggs v. The Merchant Traders' Ship Loan and Assurance Association, 13 Q. B. 167.) 1. LIFE INSURANCE. A creditor has an insurable interest in the life of his debtor for the debt owing to him (Godsall v. Boldero, 9 East. 72; Lindenau v. Desborough, 8 Bar. and C. 586... | |
 | John Erskine - 1870 - 730 pages
...one may of course insure his own life so as to make the insurance a provision for wife or family. " A creditor has an insurable interest in the life of his debtor, as the chance of obtaining payment is considered to be lessened by the death of the latter; Anderson... | |
 | Robert Arthur Ward - 1871 - 236 pages
...the life of another, unless the insurer has a pecuniary interest in the life of the person insured. A creditor has an insurable interest in the life of his debtor to the extent of the debt ; but if the debt be discharged, the policy becomes void. Every person is... | |
 | Samuel Robinson Clarke - 1873 - 448 pages
...devise might do so (b). It is presumed that every man has an insurable interest in his own life (c). A creditor has an insurable interest in the life of his debtor (d), and the circumstance that the creditor has a real security, does not vary the rule. A debt contracted... | |
 | Cornelius Walford - 1873 - 694 pages
...127*. Prospectuses forwarded to wholesale houses. DEBTOR. — A person indebted pecuniarily to another. A creditor has an insurable interest in the life of his debtor ; but a debtor has no such interest in the life of his creditor. A debtor has an insurable interest... | |
 | Isaac Grant Thompson, Robley D. Cook - 1874 - 784 pages
...the paper makes him more than a simple creditor, he had an insurable interest. It has even been held, that a creditor has an insurable interest in the life of his debtor, though it is not certain that the debtor would pay him should he live ; yet there is some probability... | |
 | Charles Crawley - 1882 - 390 pages
...Houghton (17 Ves. 253); the dictum to the contrary in Ex parte Andrews (1 Mad. 575) cannot be supported. A creditor has an insurable interest in the life of his debtor: Anderson v. Edie (Park on Insurance, 8th ed. 915), unless the debt is illegal, eg, a promissory note... | |
 | Charles Sweet - 1882 - 946 pages
...Royal Exchange Ass. Co., Peake, Add. Ca. 70 ; Smith's LC ii. 290. \ is an " insurable interest." Thus a creditor has an insurable interest in the life of his debtor, because if the debtor died his money might be lost ; and a shipowner has an insurable interest in the... | |
 | 1894 - 1154 pages
...approval by the supreme court of this state In Association v. Houghton, 103 Ind. 286, 292, 2 NB 763. A creditor has an Insurable interest in the life of his debtor, for, while the debtor's life continues, the power to acquire and pay are among the probabilities and... | |
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... a creditor has an insurable interest in the life of his debtor, at least where he has only the personal security of the debtor 
