 | West Virginia. Supreme Court of Appeals - 1916 - 976 pages
...proposition do not support it. It is well settled by many authorities, including those cited by counsel, that a creditor has an insurable interest in the life of his debtor, and that as beneficiary named, or as assignee, he is also entitled to the benefits of the policy to... | |
 | Jacob Anderson Jackson - 1917 - 180 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 partner.... | |
 | Joseph Wheless - 1917 - 1112 pages
...their families in the event of death of total disability." Manley v. Manley, 107 Tenn. 191, 64 SW 8. A creditor has an insurable interest In the life of his debtor to the extent of the indebtedness. Such insurance may be taken in the name of the creditor himself... | |
 | Sun Life Assurance Company of Canada - 1922 - 52 pages
...have lessened, instinctively apply for cheaper plans and for larger amounts than normal lives. While a creditor has an insurable interest in the life of his debtor, the latter, by reason of being in debt, is not so desirable a life as a person who is not harassed... | |
 | Walter A. Shumaker, George Foster Longsdorf - 1922 - 1150 pages
...support, gives an insurable interest to the person benefited. 12 Mass. 115; 57 Vt. 496; 66 Mo. 63. A creditor has an insurable interest in the life of his debtor. 23 Conn. 244. INSURANCE. A contract whereby, for an agreed premium, one party undertakes to indemnify... | |
 | Solomon Stephen Huebner - 1923 - 528 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... | |
 | Albert Sidney Bolles - 1925 - 426 pages
...sister, and that of husband and wife. Likewise a man and a woman who are engaged to be married ; and a creditor has an insurable interest in the life of his debtor. And this interest covers not only the amount of the indebtedness, but also future advances, and the... | |
 | 1905 - 1036 pages
...maintenance of the policy is of the nature of a wager. 2. SAME — CREDITOR HAS INSURABLE INTEREST. A creditor has an insurable interest in the life of his debtor, and the issue or pledge of a policy upon his life as collateral security for the payment of his debt... | |
 | Archibald Henry Simpson, George William Knowles - 1926 - 466 pages
...certain cases empowered to issue policies covering the reasonable funeral expenses of children (o). A creditor has an insurable interest in the life of his debtor (p), and nothing in the above Acts applies to insurances on the lives of children of any age, where... | |
 | 1884 - 548 pages
...courts to determine ; whether such an interest exists is for the jury to decide. It is clearly settled that a creditor has an insurable interest in the life of his debtor.6 But he should not be • Brockway v. Mutual Benefit Life Ins. Co., 9 Fed. Rep. 249; 8. c.... | |
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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 
