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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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The Nature, Requisites and Operation of Equitable Assignments: Being the ...

Francis Cannon Tudsbery Tudsbery - 1912 - 134 pages
...149. (e) Chowne v. Balis [1862], 31 Beav. 351 ; compare Griffin v. Griffin^ [1902] 1 Ch. 135. (f) Note that a creditor has an insurable interest in the life of his debtor. (£') 4 Bligh, NS 194. Life Assurance Associat1on (h) ; H. was entitled to a policy of insurance for...
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Coote's Treatise on the Law of Mortgages, Volume 1

Richard Holmes Coote - 1912 - 1056 pages
...interest as trustee has been held to be sufficient to support the validity of a policy (d). It is settled that a creditor has an insurable interest in the life of his debtor to the extent of tho debt, as the prospect of his obtaining payment is considered to bo diminished...
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Illustrative Cases on Insurance

Roger William Cooley - 1912 - 508 pages
...readily suggested, but we need not pursue the subject further. All the authorities also concur in holding that a creditor has an insurable interest in the life of his debtor. * * * In support of the view taken by the appellee's counsel, cases have been cited in which it has...
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The Business of Insurance: A Text Book and Reference Work Covering ..., Volume 3

Howard Potter Dunham - 1912 - 496 pages
...dependency for support, may also furnish the basis for an insurable interest in favor of the dependent. A creditor has an insurable interest in the life of his debtor, but in amount the insurance must not be too largely disproportionate to the size of the debt. In the...
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The Essentials of Commercial Law

Wallace Hugh Whigam - 1913 - 442 pages
...to insure the life of a person otherwise would be to encourage wagers of an objectionable character. A creditor has an insurable interest in the life of his debtor. Not only may the creditor so insure, but if the debtor dies, he may collect on the contract with the...
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Encyclopedia of Iowa Law: Being a Plain Statement of the Law of Iowa So Far ...

Ezra Christian Ebersole - 1914 - 1698 pages
...interest may be a pecuniary one, or it may exist by reason of the relationship of the parties. Thus, a creditor has an insurable interest in the life of his debtor, a partner in the life of his copartner, an employer in the life of his employe, and an employe, hired...
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Modern American Law: A Systematic and Comprehensive Commentary on ..., Volume 14

Eugene Allen Gilmore, William Charles Wermuth - 1915 - 858 pages
...either a court or a jury to arrive at a correct result. Starting out with the conceded proposition that a creditor has an insurable interest in the life of his debtor, and may lawfully take out a policy thereon, it follows logically that he may take out the policy in...
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Life Insurance: A Textbook

Solomon Stephen Huebner - 1915 - 514 pages
...of the ties of affection or kinship. With respect to creditor and debtor "the rule is well settled that a creditor has an insurable interest in the life of his debtor which is said to survive a discharge in bankruptcy or general assignment for creditors. And the rule...
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The Bar: West Virginia, Volume 22

1915 - 516 pages
...testamentary in character, and for that reason void, as evidence of plaintiff's title to the policy. 2. A creditor has an insurable interest in the life of his debtor, and the assignment by the latter to the former of a policy or certificate of insurance in a fraternal...
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Courtright's Colorado Digest: Digesting All Colorado Decisions ..., Volume 2

William Hiram Courtright, George S. Berry - 1915 - 790 pages
...insurance upon his life for the benefit of his wife and her heirs. — Goodrich v. Treat, 3 C. 408. (b) A creditor has an insurable Interest in the life of his debtor.— Sheets v. Sheets, 4 A. 450, 36 P. 310. (c) The equitable owner of property (purchaser by contract)...
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