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Excerpt from The General Principles of the Law of Insurance
The promisor is called the underwriter, or insurer; the promisee, the insured or assured; the written instrument embodying the contract is known as the policy; and the consideration of the contract is the premium paid by the insured to the insurer. The general principles of the law of contracts apply to the contract of insurance, as they do to other contracts, as regards offer and acceptance, ratification, agency, fraud, etc.
The three principal forms of insurance are (1) against loss by the perils of the sea (marine in surance), (2) against loss by fire (fire insurance), (3) against loss of life (life insurance). While there are some important differences between marine, fire and life insurance, yet the general principles of the three have much in common.
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The General Principles of the Law of Insurance (Classic Reprint)
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Paperback. Zustand: New. Print on Demand. This book delves into the intricacies of insurance law, providing a comprehensive examination of the legal principles that govern insurance contracts. The author explores the historical evolution of insurance, tracing its roots back to the early practices of risk-sharing. The book covers various types of insurance, including marine, fire, and life insurance, analyzing the legal distinctions and nuances that apply to each. The author also examines the fundamental concepts of insurable interest, representation, concealment, and subrogation. Through a combination of historical context, practical examples, and in-depth analysis, the book offers valuable insights into the legal framework of insurance, making it an essential resource for legal professionals, insurance practitioners, and anyone seeking a deeper understanding of this complex field. 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. Bestandsnummer des Verkäufers 9781333540678_0
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The General Principles of the Law of Insurance Classic Reprint
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