Property Insurance: Comprising Fire and Marine Insurance, Corporate Surety Bonding, Title Insurance, and Credit Insurance |
From inside the book
Results 1-5 of 88
Page 5
... cent to a maximum of 1 per cent . Now , were there no system of insurance , it is apparent that these five thousand capitalists , if they wished to eliminate the element of gamble , would have to make a liberal addition to the rental in ...
... cent to a maximum of 1 per cent . Now , were there no system of insurance , it is apparent that these five thousand capitalists , if they wished to eliminate the element of gamble , would have to make a liberal addition to the rental in ...
Page 6
... cent , or $ 50 per house , and only $ 250,000 for the group . With- out the aid of insurance all these capitalists were obliged to increase their rentals by at least twice the amount needed to cover their losses , and at the end of the ...
... cent , or $ 50 per house , and only $ 250,000 for the group . With- out the aid of insurance all these capitalists were obliged to increase their rentals by at least twice the amount needed to cover their losses , and at the end of the ...
Page 9
... cent of the world's business is conducted on a cash basis , and that 95 per cent is based on credit . A thousand illustrations can be cited to show the far- reaching influence of fire and marine insurance upon our credit system . A ...
... cent of the world's business is conducted on a cash basis , and that 95 per cent is based on credit . A thousand illustrations can be cited to show the far- reaching influence of fire and marine insurance upon our credit system . A ...
Page 10
... secure the most favorable rate from the lender of credit , if he protects his banker or the manufac turer of the goods with an insurance policy . In buying the goods the wholesaler may pay only 10 per cent of 10 FIRE INSURANCE.
... secure the most favorable rate from the lender of credit , if he protects his banker or the manufac turer of the goods with an insurance policy . In buying the goods the wholesaler may pay only 10 per cent of 10 FIRE INSURANCE.
Page 11
... cent of the pur- chase price in cash , the remaining 90 per cent being ad- vanced as a loan by the banker or manufacturer , the security for the loan being the goods themselves , but only when in- sured against loss by fire . Of course ...
... cent of the pur- chase price in cash , the remaining 90 per cent being ad- vanced as a loan by the banker or manufacturer , the security for the loan being the goods themselves , but only when in- sured against loss by fire . Of course ...
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Other editions - View all
Property Insurance: Comprising Fire and Marine Insurance, Corporate Surety ... Solomon Stephen Huebner No preview available - 2013 |
Common terms and phrases
50 per cent actual cash value agency agent agreed agreement American amount of insurance ance application assume assured average barratry basis rate Bond broker building cancellation capital rating cargo Cents Cents Cents CHAPTER charges claim clause coinsurance contract corporations courts covered credit insurance erty exceeding exist fact Fire Insurance fire-insurance policy fireproof hazard hereby incumbrances indemnify indemnity indorsed insolvency insurable interest insurance company issued Law of Insurance liability lien limited Lloyd's loss or damage marine insurance ment mercantile agency months moral hazard mortgage mortgagor notice Obligee paid pany parties payment person policy-holder premises principal prop property insured property owner protection regards reinsurance risk rule ship specific sprinkler standard fire policy surance Surety Term Premium thereof tion Title Insurance underwriter unearned Universal Mercantile Schedule unless vessel void warranties Wolff's Law written York
Popular passages
Page 40 - ... shall not be invalidated by any act or neglect of the mortgagor or owner of the within described property, nor by any foreclosure or other proceedings or notice of sale relating to the property, nor by any change in the title or ownership of the property, nor by the occupation of the premises for purposes more hazardous than are permitted by this policy ; provided that in case the mortgagor or owner...
Page 139 - In the event of disagreement as to the amount of loss the same shall, as above provided, be ascertained by two competent and disinterested appraisers, the insured and this company each selecting one, and the two so chosen shall first select a competent and disinterested umpire; the appraisers together shall then estimate and appraise the loss stating separately sound value and damage, and, falling to agree, shall submit their differences to the umpire; and the award in writing of any two shall determine...
Page 99 - This company shall not be liable for loss caused directly or indirectly by invasion, insurrection, riot, civil war or commotion, or military or usurped power, or by order of any civil authority...
Page 103 - It shall be optional, however, with this company to take all or any part of the articles at such ascertained or appraised value, and also to repair, rebuild, or replace the property lost or damaged with other of like kind and quality within a reasonable time, on giving notice, within 30 days after the receipt of the proof herein required, of its intention so to do; but there can be no : abandonment to this company of the property described.
Page 286 - Corn, fish, salt, fruit, flour, and seed, are warranted free from- average, unless general, or the ship be stranded ; sugar, tobacco, hemp, flax, hides, and skins, are warranted free from average, under five pounds per cent.
Page 155 - This policy shall be canceled at any time at the request of the insured ; or by the company by giving five days' notice of such cancellation. If this policy shall be canceled as hereinbefore provided, or become void or cease, the premium having been actually paid, the unearned portion shall be returned on surrender of this policy or last renewal, this company retaining the customary short rate; except that when this policy is canceled by this company by giving notice it shall retain only the pro...
Page 135 - ... within sixty days after the fire, unless such time is extended in writing by this company, shall render a statement to this company, signed and sworn to by said insured, stating the knowledge and belief of the insured as to the time and origin of the fire ; the interest of the insured and of all others in the property...
Page 143 - This entire policy, unless otherwise provided by agreement indorsed hereon or added hereto, shall be void if the insured now has or shall hereafter make or procure any other contract of insurance, whether valid or not, on property covered in whole or in part by this policy...
Page 102 - This company shall not be liable beyond the actual cash value of the property at the time any loss or damage occurs, and the loss or damage shall be ascertained or estimated according to such actual cash value, with proper deduction for depreciation however caused, and shall in no event exceed what it would then cost the insured to repair or replace the same with material of like kind and quality...
Page 145 - ... (any usage or custom of trade or manufacture to the contrary notwithstanding) there be kept, used, or allowed on the above described premises, benzine...