| Elisha Hammond - Fire insurance - 1840 - 200 pages
...renewable or not. The condition of the policy is satisfied if the title and ownership are in the insured at the time of the insurance, and at the time of the loss, and the measure of his indemnity is the amount of his interest in the tenement when destroyed by the... | |
| United States - Law - 1846 - 882 pages
...mortgagor can insure to the full value of the property, notwithstanding any encumbrances ihereon. Ibid. An assignment of a policy by the assured only covers...assignee alone is entitled to recover. The rights of tho assignee under the policy cannot be more extensive than tho rights of the assignor. Cited the Columbia... | |
| Law reports, digests, etc - 1852 - 890 pages
...responsible for such loss. Ib. 24. It is sufficient that the insured has an interest in the subject-matter at the time of the insurance and at the time of the loss. CC 2040,2537, 2542 ; Ib. See Infra, III. (b), Nos. 5, 12. 25. The contract of insurance is, essentially,... | |
| Richard Peters - Law reports, digests, etc - 1860 - 792 pages
...full value of the property, notwithstanding any encumbrances thereon. Ibid. 482. Any assignment of the policy by the assured only covers such interest in...premises as he may have had at the time of the insurance, Total and Partial Los* and at the time of the loss. If a loss takee place after the policy has been... | |
| Illinois. Supreme Court - Law reports, digests, etc - 1874 - 648 pages
...is easily distinguished from the ownership of one-third and a mortgage of two-thirds.- The interest, at the time of the insurance, and at the time of the loss, was not the same. The insured became a member of a mutual company, and contracted that he would not-... | |
| Thomas S. Paton - Insurance law - 1862 - 254 pages
...insure, and to recover for a loss under the policy, must have a present existing title vested in him at the time of the insurance, and at the time of the loss. — (Camden v. Anderson, 5 Term. Rep. 709.) This proceeds on the principle that the right to freight... | |
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