 | Law - 1916 - 502 pages
...proper insurable interest, of whatever kind, exists at the time of taking out the policy, and it is taken out in good faith, the object and purpose of...condemns wager policies is sufficiently attained, and the insurer must pay the full amount of insurance according to the contract, without reference to the... | |
 | Law - 1877 - 558 pages
...debtor, for the purpose of securing his debt, the amount of insurable interest is the amount of the debt. But supposing a fair and proper insurable interest,...of taking out the policy, and that it be taken out iu good faith, the object and purpose of the rule which condemns wager policies is sufficiently attained;... | |
 | Law reports, digests, etc - 1903 - 1168 pages
...defendant Thus, in Connecticut, etc., Ins. Co. v. Schaefer, 94 US 457, 462, 24 L. Ed. 251, the court said: "But supposing a fair and proper insurable Interest,...condemns wager policies Is sufficiently attained." The head note is: "Any person has a right to procure an insurance on his own life and assign it to... | |
 | 1886 - 1076 pages
...interest of whatever kind " says the court in the са-ч- last cited " to exist at the time of taking oui the policy, and that it be taken out in good faith,...should not be carried out according to its terms." To the same effect is MrKce v. Phœnix Ine. Co. 28 Mo. 383. ЛИ the cases to which we have referred,... | |
 | Insurance law - 1887 - 1096 pages
...Supposing a fair and proper insurable interest of whatever kind," says the court in the case last cited, " to exist at the time of taking out the policy, and...should not be carried out according to its terms." To the same effect is McKee vs. Phoenix Company, 28 Mo., 383. All the cases to which we have referred,... | |
 | Law reports, digests, etc - 1887 - 972 pages
...Supposing a fair and proper insurable interest of whatever kind" says the court in the case last cited, " to exist at the time of taking out the policy, and...attained, and there is then no good reason why the con tract should not be carried out according to its terms." To the same effect in McKee v. Phoenix... | |
 | Isaac Grant Thompson - Law reports, digests, etc - 1887 - 1004 pages
...Supposing a fair and proper insurable interest of whatever kind,' saya the court in the case last cited, ' to exist at the time of taking out the policy, and...sufficiently attained; and there is then no good reason whr the contract should not be carried out according to its terms.' •• To the same effect is McKee... | |
 | Appellate courts - 1900 - 802 pages
...Assurance Co., supra, is cited with approval. The court said: "But supposing a fair and proper iusurable Interest, of whatever kind, to exist at the time of...should not be carried out according to its terms. * * * In our Judgment, a life policy, originally valid, does not cease to be so by the cessation of... | |
 | Law reports, digests, etc - 1902 - 1040 pages
...not. If an insurable interest exists in the beneficiary at the time the policy is issued, and it is taken out in good faith, the object and purpose of the rule against wager policies would seem to have been sufficiently attained ( 16 Ara. à Eng. Ene. Law, 2d... | |
 | Law reports, digests, etc - 1905 - 1736 pages
...Thus, in Connecticut etc. Ins. Co. v. Schaefer, 94 U. S. 457, 4G2, 24 L. ed. 251, the court said : "But supposing a fair and proper insurable interest,...condemns wager policies is sufficiently attained." The headnote is: "Any person has a right to procure an insurance on his own life, and assign it to... | |
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But supposing a fair and proper insurable interest, of whatever kind, to exist at the time of taking out the policy, and that it be taken out in good faith, the object and purpose of the rule which condemns wager policies is sufficiently attained; and... 
