The Insurance Cyclopeadia: Being a Dictionary of the Definitions of Terms Used in Connexion with the Theory and Practice of Insurance in All Its Branches: a Biographical Summary ... a Bibliographical Repertory of All Works Written Upon the Subject ... an Historical Treasury of Events and Circumstances Connected with the Origin and Progress of Insurance ... |
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Página 1
The damage to a cargo must exceed half its value to entitle the insured to abandon , and recover as for a total loss ; and to justify the abandonment of the ship the particular injuries must be such that no repairs would render her ...
The damage to a cargo must exceed half its value to entitle the insured to abandon , and recover as for a total loss ; and to justify the abandonment of the ship the particular injuries must be such that no repairs would render her ...
Página 2
... and deductions made accordingly in calculating the true value of the interest insured , and in stating an average loss ; which otherwise may on , some occasions be adjusted very erroneously . - Weskett . ABATEMENT OF PREMIUM .
... and deductions made accordingly in calculating the true value of the interest insured , and in stating an average loss ; which otherwise may on , some occasions be adjusted very erroneously . - Weskett . ABATEMENT OF PREMIUM .
Página 3
An absolute total loss takes place when the subject ins . wholly perishes , or its recovery is rendered irretrievably hopeless , as for example , when a vessel founders at sea , or is captured , and condemned as a prize .
An absolute total loss takes place when the subject ins . wholly perishes , or its recovery is rendered irretrievably hopeless , as for example , when a vessel founders at sea , or is captured , and condemned as a prize .
Página 7
The allowance for injury is intended to be paid when it is sufficiently serious to prevent the Assured from following his usual occupation or pursuits , and to serve as an indemnity for the loss thereby incurred .
The allowance for injury is intended to be paid when it is sufficiently serious to prevent the Assured from following his usual occupation or pursuits , and to serve as an indemnity for the loss thereby incurred .
Página 8
For persons of hazardous occupations there were special rates ; as also for loss of leg or arm , or total loss of sight . For Railway Accidents only the prem . was 10s . p.a. for £ 1000 at death and £ 5 per week compensation during ...
For persons of hazardous occupations there were special rates ; as also for loss of leg or arm , or total loss of sight . For Railway Accidents only the prem . was 10s . p.a. for £ 1000 at death and £ 5 per week compensation during ...
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accident according actuary advantage amount annu annuities appears applied asso Assu assured authorized average become benefit bills births Brit calculated called carried causes claims considerable contained continued contract contribution Court death directors effect England experience fact females fire founded fund further give given granted important increase insured interest less lives Lond loss males Marine master means method mort nature nearly notice obtained operations paid parishes parties passed payment period persons policies practice prem present principle profits proportion proposed purchase question reason received regarding regis respect risk says scheme shares ship showing subs tables taken term various whole