 | Allan McLane Hamilton - 1894 - 692 pages
...imeribinc a particular motive to the perpetrator, sneh motive will be eon'dered as prompting each act. A creditor has an insurable interest in the life of his debtor, and may very properly procure an insurance upon it for ail amount sufficient to secure his debt ; but... | |
 | Indiana. Appellate Court - 1895 - 784 pages
...with approval by the Supreme Court of this State in Elkhart Mut. Aid, etc., Ass'n v. Houghton, supra. 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... | |
 | Colorado. Court of Appeals - 1895 - 668 pages
...the instructions requested. Fvgate r>. Smith, 201. INSURANCE: 1. CREDITOR— INSURABLE INTEREST. — A creditor has an insurable interest in the life of his debtor. Sheets <•. Sheets, 450. 2. POLICY. — A policy of insurance is a chose in action governed by the... | |
 | Leopold George Gordon Robbins, Frederick Trentham Maw - 1897 - 1006 pages
...interest as trustee has been held to be sufficient to support the validity of a policy (a). It is settled that a creditor has an insurable interest in the life of his debtor to the extent of the debt, as the prospect of his obtaining payment is considered to be diminished... | |
 | Indiana. Appellate Court - 1897 - 800 pages
...of Honor v. Metcalf. etc., supra, and it needs no further consideration now. It is also well settled that a creditor has an insurable interest in the life of his debtor. Nyc v. Grand Lodge, etc., supra, and there are authorities which hold that if the assignment of a policy... | |
 | Edward Bullen, Thomas Joseph Bullen - 1897 - 1210 pages
...step-sister was held to give an insurable interest. (Harnes v. London Life Ins. Co., (1892) 1 (i. B. 864.) A creditor has an insurable interest in the life of his debtor (Änderten V. Edie, Park, Ins., 8th ed., 914, 915), provided the debt is not an illegal one (fi-wyerv.... | |
 | Edward Whiton Spencer - 1898 - 716 pages
...another during life has an insurable interest in the life of the party from whom such support is due. A creditor has an insurable interest in the life of his debtor. But the amount of the insurance must not be grossly excessive so as to be a mere cover for a wager.... | |
 | Walter Richard Warren - 1899 - 504 pages
...public policy does not apply, and his representatives or assignees are entitled to the policy money (&). A creditor has an insurable interest in the life of his debtor to the extent of his debt, but if the debt should be satisfied from any other source, it used to be... | |
 | 1899 - 634 pages
...insurable interest which was sufficient for that purpose. CLARK, J., delivering the opinion, said: "So also a creditor has an insurable interest in the life of his debtor," citing a number of cases. "In the case at bar the policy was $2000, the amount of the indebtedness... | |
 | Abraham Clark Freeman - 1900 - 1070 pages
...interest which was sufficient for that purpose. Clark, J., delivering the opinion, said: "So, also, a creditor has an insurable interest in the life of his debtor": Citing a number of cases. "In the case at bar, ^ the policy was $2,000, the amount of the indebtedness... | |
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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 
