Excerpt from The Insurance Register, 1903: Containing a Record of the Yearly Progress and the Present Financial Position of British Insurance Associations; Together With Other Information, and a Review of Life Assurance in 1902
One other case may be mentioned, more particularly since it formed the basis of a question set in one of the papers of the recent examinations of the Institute of Actuaries. This was an action brought against the Scottish Imperial Life Office by an employer who had effected a Policy for 15 2 50 on the life of one of his workmen. The Office disputed the claim on the ground of want of insurable interest on the part of the claimant. The Court of Session at Edinburgh decided in favour of the Office, since it appeared that the workman was liable to be discharged at one week's notice, it being laid down that the utmost limit of insurable interest in this case was the value to the employer of one week's employment, and generally that the value of such an interest at the date of the Policy must be calculated with some reference to the legal relation between the parties.
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Paperback. Condizione: New. Print on Demand. This book delves into the evolution of life insurance in the United Kingdom, with insights into its practical and theoretical aspects, spanning 1901 to 1902. The author provides detailed accounts of key trends, including the expansion of popular non-profit organisations and the impact of legal judgments on the industry. The book also discusses broader themes such as the evolution of actuarial science and the global context of life insurance, inviting readers to grasp the significance of this complex and multifaceted industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9780265041130_0
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9780265041130
Quantità: 15 disponibili