| Mutual Life Insurance Company of New York - 1908 - 152 pages
...unless the child is actually dependent upon the parent for his support. It is quite generally held that a creditor has an insurable interest in the life of his debtor to the extent of his debt ; also that one partner has an insurable interest in the life of another... | |
| George Richards - 1909 - 1002 pages
...which are founded upon relationship.1 § 36. Creditor in Life of Debtor. — The rule is well settled that a creditor has an insurable interest in the life of his debtor 2 which is said to survive a discharge in bankruptcy 3 or general assignment for creditors.4 And the... | |
| Pennsylvania Bar Association - 1909 - 590 pages
...immaterial when the policy is carried by the insured upon his own life.(8) Of course, it is well settled that a creditor has an insurable interest in the life of his debtor. (9) The requirement of an insurable interest is founded upon the abhorrence of the law to wagers, and... | |
| 1909 - 800 pages
...being entitled to the balance. Deal v. Hainley (Mo. 1909) 116 SWI Although the authorities are agreed that a creditor has an insurable interest in the life of his debtor, Ins. Co. v. Luchs (1883) 108 US 498, there is considerable conflict as to the nature and extent of... | |
| Louis Applebome - 1910 - 468 pages
...recover although the interest has ceased. Rawls v. Ins. Co., 27 NY 282. (NOTE.) It is well settled that a creditor has an insurable interest in the life of his debtor, so employers and employees have insurable interests in the lives of each other, so also partners, and... | |
| James Parker Hall, James De Witt Andrews - 1910 - 484 pages
...for mining, and B is to give A one-half of the gains. A has an insurable interest in B's life (17). A creditor has an insurable interest in the life of his debtor, but the sum insured must bear some reasonable relation to the amount of the debt. present or expected;... | |
| James Parker Hall, James De Witt Andrews - 1910 - 484 pages
...for mining, and B is to give A one-half of the gains. A has an insurable interest in B's life (17). A creditor has an insurable interest in the life of his debtor, but the sum insured must bear some reasonable relation to the amount of the debt. present or expected;... | |
| 1911 - 1266 pages
...182. Insurable interest of creditor. Cited in Belknap v. Johnst"n, 114 Iowa, 265, 86 NW 267, holding a creditor has an insurable interest in the life of his debtor. Cited in Kerr. Ins. 765, on right of creditor to whom policy has been assigned as security for debt,... | |
| William Arthur Chase - 1911 - 542 pages
...continuance of the life. Illustrations of insurable interest resting on legal right are as follows: A creditor has an insurable interest in the life of his debtor, but the sum insured must bear some reasonable relation to the amount of the debt, present or expected;... | |
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