 | Massachusetts - 1899 - 1266 páginas
...discussion of the nature of insurance contracts. By St. 1897, c. 66, § 1, an insurance contract is defined to be " an agreement by which one party for a consideration...law definition of insurance. Mr. Justice Gray, in Commonwealth v. Wetherbee, 105 Mass. p. 160, defines insurance in very much the same terms. See also... | |
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1902 - 806 páginas
...which one party, for a consideration, promises to make a certain payment of money upon the destruction or injury of something in which the other party has an interest. Com. v. Wetherbee, 105 Mass. 149; Franklin Beneficial Ass'n v. Com., 10 Pa. St. 357." People's Mut.... | |
 | Massachusetts - 1895 - 1138 páginas
...under the provisions of the section above referred to. That section defines a contract of insurance to be " an agreement by which one party for a consideration...act of value to the assured, upon the destruction or injury of something in which either party has an interest." The contract in question is for a consideration.... | |
 | United States. Court of Claims - 1929 - 868 páginas
...during the continuance of the risk, promises to make a certain payment of money, or the destruction or injury of something in which the other party has an interest. In fire and marine insurance, the thing insured is property; in life or accident insurance, it is the... | |
 | Herbert Broom, Edward Alfred Hadley - 1875 - 858 páginas
...which one party, for a consideration, promises to make a certain payment of money upon the destruction or injury of something in which the other party has an interest. In fire insurance and marine insurance the thing insured is property ; in life or accident insurance... | |
 | 1884 - 948 páginas
...insurance : "A contract by which one party promises to make a certain payment upon the destruction or injury of something in which the other party has an interest, is a contract for insurance, whatever may be the terms of payment of the -consideration, or the mode... | |
 | Isaac Grant Thompson - 1884 - 880 páginas
...during the continuance of the risk), promises to make a certain payment of money, upon the destruction or injury of something in which the other party has an interest. In fire insurance and marine insurance, the thing insured is property ; in life or accident insurance... | |
 | Kansas. Insurance Department - 1884 - 354 páginas
...defines insurance: "A contract by which cue party promises to make a certain payment upon the destruction or injury of something in which the other party has an interest, is a contract for insurance, whatever may be the terms of payment of the consideration, or the mode... | |
 | 1896 - 1148 páginas
...adopted the definition given in Com. v. Wetherbee, 105 Mass. 149, 160, "a contract of Insurance Is an agreement by which one party, for a consideration,...some act of value to the assured upon the destruction or Injury of something in which the other party has an Interest." By the same section it was made "unlawful... | |
| |
A contract of insurance is an agreement by which one party for a consideration promises to pay money or its equivalent or to do some act of value to the assured upon the destruction, loss or injury of something in which the other party has an interest... 
