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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 "
The Critical Review: Or, Annals of Literature - Page 53
1808
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Educational Leaflets, Volumes 1 à 12

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...
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A Treatise on the Law of Insurance in All Its Branches: Especially Fire ...

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...
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Pennsylvania Bar Association. Meeting. Report of the ... Annual ..., Volume 15

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...
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Columbia Law Review, Volume 9

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...
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The Revised Reports: Being a Republication of Such Cases in the ..., Volume 104

Frederick Pollock, Robert Campbell, Oliver Augustus Saunders, Arthur Beresford Cane, Joseph Gerald Pease, William Bowstead - 1909 - 902 pages
...insist on. ISM- LEA f. HINTON(l). jVi":' 14' (5 DM & GK 823—827 ; affirming 19 Beav. 324.) KNIGHT A creditor has an insurable interest in the life of his debtor. One of the HIIUCE, makers of a joint and several promissory note, who was a surety for the TDRNKK,...
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New York Bar Examination Questions and Answers

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...
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American Law and Procedure, Volume 7

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;...
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American Law and Procedure, Volume 7

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;...
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Notes on the Minnesota Reports: Including the Citations of Each ..., Volume 4

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,...
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Higher Accountancy, Principles and Practice: Business law, by S. D. Hirschl

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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