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" A creditor has an insurable interest in the life of his debtor, to the extent of the debt ; but if the debt be discharged, the policy becomes void. "
Modern American Law: A Systematic and Comprehensive Commentary on the ... - Page 500
edited by - 1915
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The Critical Review: Or, Annals of Literature

1808 - 606 pages
...of the preceding statute, is sometimes the subject of litigation ; as to which it has been holden, that a creditor has an insurable interest in the life of his debtor, nt least where he has only the personal security of the debtor. (61,). Hut where, the debt «ccrues...
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A Compendium of the Law of Marine Insurances, Bottomry, Insurance on Lives ...

Alexander Annesley - 1808 - 308 pages
...for money won at play, has not an insurable interest in the life of the maker of the note, 202-3 But a creditor has an insurable interest in the life of his debtor, 204 All policies of a gambling nature, or in which there is no interest are void, 203 Policy may be...
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An Abridgment of the Law of Nisi Prius ...

William Selwyn - 1812 - 732 pages
...of the preceding statute, is sometimes the subject of .litigation; as to which, it has been holden, that a creditor has an insurable interest in the life of his debtor, at least where he has only the personal security of the debtor' (64). But although a creditor may insure...
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A Treatise on the Law of Insurance

Wendell Phillips - 1823 - 572 pages
...loss, and by no means necessary that it should certainly have that consequence, were it to happen. A creditor has an insurable interest in the life of his debtor, though it is not certain, that the debtor would pay him, should he live, yet there is some probability,...
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A Practical Treatise on Life-assurance: In which the Statutes and Judicial ...

Frederick Blayney - 1826 - 224 pages
...death must in all cases in some degree lessen the security. It may however, be remarked, that although a creditor has an insurable interest in the life of his debtor to the amount of the debt, yet an assurance effected by the former on the life of the latter may or...
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A Treatise on the Law Relating to Insurance: In Three Parts, Viz. I.--Of ...

David Hughes - 1833 - 520 pages
...not extend to insurances bona fide made by any person or persons on ships, goods, or merchandizes." A creditor has an insurable interest in the life of his debtor ; for the means by which he is to be satisfied may materially depend upon it, and the death must at...
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An Abridgment of the Law of Nisi Prius, Volume 2

Patrick Brady Leigh - 1838 - 928 pages
...the father's own profit, but for the benefit of the son, there is no law to prevent his doing so." b A creditor has an insurable interest in the life of his debtor, A creditor for the means whereby he is to be satisfied, may materially the lil'ifof depend on it ;...
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An Abridgment of the Law of Nisi Prius, Volume 2

Patrick Brady Leigh - 1838 - 774 pages
...Dickwith v. Sydebotham, 1 Camp. 117. Thornton B. Royal Exchange Assurance Company, Peake, 25. A creditor A creditor has an insurable interest in the life of his debtor, may in- for []ie means whereby he is to be satisfied, may material iy KfiTofhis Depend ou 'l? a"d tne...
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A Selection of Leading Cases on Various Branches of the ..., Volume 2, Part 1

John William Smith - 1840 - 530 pages
...to them by Mr. Pitt's executors out of the money granted by parliament for that purpose. It is clear that a creditor has an insurable interest in the life of his debtor, and the amount of the debt is the measure of that interest; and so far the existence and legality of...
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A Selection of Leading Cases on Various Branches of the Law: With ..., Volume 2

John William Smith - 1842 - 612 pages
...to them by Mr. Pitt's executors out of the money granted by parliament for that purpose. It is clear that a creditor has an insurable interest in the life of his debtor, and the amount of the debt is the measure of that interest ; and so far the existence and legality...
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