The Business of Insurance: A Text Book and Reference Work Covering All Lines of InsuranceHoward Potter Dunham Ronald Press, 1912 |
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Common terms and phrases
accident ACCUMULATED DIVIDENDS advertising agency agent amount ance application appointed assignment Assured Assured's authorized bank beneficiary Blank Bond book value cancellation cards cash casualty insurance caused cent certificate claim Company's contract copy corporation countersigned court death December 31 deposit described disability dividends Dollars duly duties earned premium Employe Employer examination expense filed fire insurance follows furnished give Henry Spelman hereinafter hereto hereunder home office indemnity injury insolvency insurable interest insurance commissioner insurance companies insurance department interest issued ledger assets letter letter sheet liability loans loss or damage ment months mortgage loans notice paid pany paper payable payment person policyholders premises premium President Principal Sum printed proof property insured received reserve risk Schedule Secretary securities sheet statement statute subrogated surety term thereof tion unless void waive waiver warranty writing written
Popular passages
Page 409 - And so we, the assurers, are contented. and do hereby promise and bind ourselves, each one for his own part, our heirs, executors, and goods to the assured, their executors, administrators, and assigns, for the true performance of the premises, confessing ourselves paid the consideration due unto us for this assurance by the assured...
Page 409 - Part thereof; and in case of any Loss or Misfortune, it shall be lawful to the Assured, their Factors, Servants, and Assigns, to sue, labour, and travel for, in and about the Defence, Safeguard and Recovery of the said Goods and Merchandises and Ship, 4c., or any Part thereof, without Prejudice to this Insurance; to the Charges whereof we, the Assurers, will contribute, each one according to the Rate and Quantity of his sum herein assured.
Page 408 - Touching the adventures and perils which we the assurers are contented to bear and do take upon us in this voyage...
Page 336 - This entire policy shall be void if the insured has concealed or misrepresented, in writing or otherwise, any material fact or circumstance concerning this insurance or the subject thereof...
Page 338 - No suit or action on this policy, for the recovery of any claim, shall be sustainable in any court of law or equity until after full compliance by the insured with all the foregoing requirements, nor unless commenced within twelve montks next after the fire.
Page 336 - ... neglect of the Insured to use all reasonable means to save and preserve the property at and after a fire or when the property is endangered by fire in neighboring premises; or (unless flre ensues, and In that event for the damage by fire only) by explosion of any kind, or lightning; but liability for direct damage by lightning may be assumed by specific agreement hereon.
Page 336 - ... the sum for which this company Is liable pursuant to this policy shall be payable sixty days after due notice, ascertainment, estimate, and satisfactory proof of the loss have been received by this company in accordance with the terms of this policy.
Page 400 - This policy is made and accepted subject to the foregoing stipulations and conditions, together with such other provisions, agreements, or conditions as may be endorsed hereon or added hereto, and no officer, agent, or other representative of this company shall have power to waive any provision or condition of this policy except such as by the terms of this policy may be the subject of agreement indorsed hereon or added hereto...
Page 337 - ... notice of such cancellation. If this policy shall be canceled as hereinbefore provided, or become void or cease, the premium having been actually paid, the unearned portion shall be returned on surrender of this policy or last renewal, this company retaining the customary short rate; except that when this policy is canceled by this company by giving notice it shall retain only the pro rota premium.
Page 336 - This entire policy, unless otherwise provided by agreement indorsed hereon or added hereto, shall be void if the insured now has or shall hereafter make or procure any other contract of insurance, whether valid or not, on property covered in whole or in part by this policy...