Questions and Answers on Insurance
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| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Shipp, E. Richard) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from Questions and Answers on Insurance: Prepared With Reference to May, Elliot, and Selected Cases 1. What is Insurance? A contract whereby, for an agreed premium, one party undertakes to indemnify the other against loss on a specified subject by specific perils (Bouvier). A contract whereby one, for a consideration, undertakes to compensate another if he shall suffer loss (May on Insurance). In the most general sense, Insurance is a contract, for a consideration, to pay a sum of money upon the happening of a contemplated event. This may be an event which is certain to happen, such as death, or a mere possibility, such as fire or disaster at sea (Elliott on Insurance, Sec. 6). 2. What is the oldest form of insurance? Marine insurance, or that which protects against the dangers of the sea. 3. Outside of life insurance, how many contracts of insurance be defined? About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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