The Fire Underwriters' Text-bookInsurance Monitor Office, 1872 - 829 páginas |
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Página 12
... contribution clause introduced proportional abatement instead . And from this source came the custom , so common some years since , and not yet entirely obsolete in this country , by which losses were , by the condition of the 12 LOSS ...
... contribution clause introduced proportional abatement instead . And from this source came the custom , so common some years since , and not yet entirely obsolete in this country , by which losses were , by the condition of the 12 LOSS ...
Página 128
... contribution for loss thereon , until all of the specific insurance shall have been exhausted . " 329. To make such excess insurance valid under stipula- tion seven of the NATIONAL BOARD policy ( contribution clause ) , as to " other ...
... contribution for loss thereon , until all of the specific insurance shall have been exhausted . " 329. To make such excess insurance valid under stipula- tion seven of the NATIONAL BOARD policy ( contribution clause ) , as to " other ...
Página 131
... contribution clause when found in connection with other co- insuring policies . Like the excess policy ( 333 ) , the existence of the excess clause must be specifically recognized and con- sented to in the co - insuring policies upon ...
... contribution clause when found in connection with other co- insuring policies . Like the excess policy ( 333 ) , the existence of the excess clause must be specifically recognized and con- sented to in the co - insuring policies upon ...
Página 132
... contribution clause , contained in all of the policies , specific or average , is lost sight of to give effect to the excess clause which is found only in the latter , thus presenting the anomaly of an equitable and universally ...
... contribution clause , contained in all of the policies , specific or average , is lost sight of to give effect to the excess clause which is found only in the latter , thus presenting the anomaly of an equitable and universally ...
Página 135
... contribution is different in the one case it is the insurance ; in the other it is the property , without refer- ence to the amount of insurance . 1. THE AVERAGE CLAUSE PROPER . 358. This clause is usually appended to general or float ...
... contribution is different in the one case it is the insurance ; in the other it is the property , without refer- ence to the amount of insurance . 1. THE AVERAGE CLAUSE PROPER . 358. This clause is usually appended to general or float ...
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Términos y frases comunes
actual cash value adjustment agent agreement amount insured amount of loss ance application apportionment appraisement ascer assignment assured building camphene canceled cause cent certificate Chicago fire claim claimant co-insurer common carrier compound policies concurrent condition consent contract contribution clause courts damage by fire declared dollars double insurance effect estimate evidence facts FIRE INSURANCE COMPANY fire policies fixtures floater fraud hazardous held hereby insured indemnity indorsed insurable interest loss or damage marine marine insurance merchandise mortgage naphtha notice original insured owner paid pany party insured payment perpetual insurance person policy of insurance preliminary proofs premises premium principle property insured rata ratable proportion re-insurance reference risk rule saltpetre salvage specific insurance specific policies STATEMENT stipulation subject to average subrogated subsequent sum insured surance therein thereof tion total loss underwriter unless void waiver warranty
Pasajes populares
Página 12 - 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...
Página 14 - And it is agreed by us the insurers that this writing or policy of assurance shall be of as much force and effect as the surest writing or policy of assurance heretofore made in Lombard Street or in the Royal Exchange or elsewhere in London.
Página 82 - Each of said notes shall be payable, in part or in whole, at any time when the directors shall deem the same requisite for the payment of losses by fire or inland navigation, and such incidental expenses as may be necessary for transacting the business of said company.
Página 221 - This insurance may be terminated at any time at the request of the assured...
Página 78 - usage may be admissible to explain what is doubtful; it is never admissible to contradict what is plain.
Página 414 - It is a part of this contract that any person other than the assured, who may have procured the insurance to be taken by this company, shall be deemed to be the agent of the assured named in this policy, and not of this company, under any circumstances whatever, or in any transactions relating to this insurance.
Página 172 - ... only of the loss or damage as the sum insured shall bear to the whole value of the property' aforesaid, at the time when such fire or fires shall first happen. But it is at the same time declared and agreed, that if any...
Página 230 - It is furthermore hereby expressly provided and mutually agreed that no suit or action against this Company for the recovery of any claim by virtue of this policy shall be sustained in any court of law or chancery until after an award shall have [290 been obtained fixing the amount of such claim in the manner above provided...
Página 228 - In case of any other insurance upon the property hereby insured, whether made prior or subsequent to the date of this policy, the assured shall be entitled to recover of this company no greater proportion of the loss sustained than the sum hereby insured bears to the whole amount insured thereon...
Página 145 - SECTION 21. And be it further enacted, That, in order to avoid misconstruction, it is hereby declared to be the true intent and meaning of this act, so far as the question of slavery is concerned, to carry into practical operation the following propositions and principles, established by the compromise measures of 1850, to wit: