Preliminary Economic Studies of the War |
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Page 6
... cost to the individual insured and the benefits which he or his beneficiaries receive . And insurance is the only ... costs of human society . It is to be valued only because it lessens . certain other costs or burdens which society by ...
... cost to the individual insured and the benefits which he or his beneficiaries receive . And insurance is the only ... costs of human society . It is to be valued only because it lessens . certain other costs or burdens which society by ...
Page 8
... cost of war risks to the insurers . Yet underwriters have always to bear in mind the overriding obligation to main- tain their solvency and not to do injustice to the general body of their policyholders in order that they may show an ...
... cost of war risks to the insurers . Yet underwriters have always to bear in mind the overriding obligation to main- tain their solvency and not to do injustice to the general body of their policyholders in order that they may show an ...
Page 49
... cost of insurance was largely increased by the greatly enhanced hazard of war service by prospective applicants . As will be described later , some companies have refused to insure those entering the military and naval service , and ...
... cost of insurance was largely increased by the greatly enhanced hazard of war service by prospective applicants . As will be described later , some companies have refused to insure those entering the military and naval service , and ...
Page 51
... cost , and in some cases cities , such as Toronto , assumed a part of the increased cost . Then , too , the officials of the insurance companies did not know what extra charge to assess . In some cases , this resulted in a post ...
... cost , and in some cases cities , such as Toronto , assumed a part of the increased cost . Then , too , the officials of the insurance companies did not know what extra charge to assess . In some cases , this resulted in a post ...
Page 54
... cost to all . No life insurance company is conducted on the basis of holding large amounts of actual cash on hand . The funds are invested in long time securi- ties . The assets are not , in other words , of a liquid character . Claims ...
... cost to all . No life insurance company is conducted on the basis of holding large amounts of actual cash on hand . The funds are invested in long time securi- ties . The assets are not , in other words , of a liquid character . Claims ...
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Common terms and phrases
$1000 for service ally of enemy American ance application Association assured Barratry beneficiary British Bureau Bureau of War cargoes cent claims clause compensation contract death declared or hostilities dependents disability effect enemy or ally enlisted Extra annual premium extra premium family allowance fire insurance form of policy forms of insurance France funds German insurance granted hazards hereby hostilities are begun increased insurance written interest invested King's enemies large number liability limited loans loss Majesty's Government marine insurance ment military or naval monthly mortality nations naval service navy neutral countries neutral port Norwich Union offices paid panies payable payment period person policyholders premium per $1000 profits property insured reinsurance result Risk Insurance safe port Schedule III securities service pension ship social insurance soldiers thereof tion trade Treasury Department underwriters United vessel voyage War Risk Insurance widow
Popular passages
Page 286 - Be it known that as well in own name as for and in the name and names of all and every other person or persons to whom the same doth, may, or shall appertain, in part or in all...
Page 258 - Any of the district courts of the United States within the jurisdiction of which such inquiry is carried on may, in case of contumacy or refusal to obey a subpoena...
Page 292 - Upon any kind of goods and merchandises, and also upon the body, tackle, apparel, ordnance, munition, artillery, boat, and other furniture, of and in the good ship or vessel called the whereof is master under God, for this present voyage, or whosoever else shall go for master in the said ship, or by whatsoever other name or names the said ship, or the master thereof, is or shall be named or called...
Page 291 - Warranted free of capture, seizure, and detention and the consequences thereof, or of any attempt thereat, piracy excepted, and also from all consequences of hostilities or warlike operations whether before or after declaration of war.
Page 258 - ... to give evidence touching the matter in question; and any failure to obey such order of the court may be punished by such court as a contempt thereof.
Page 281 - And it is especially declared and agreed that no acts of the insurer or insured in recovering, saving, or preserving the property insured shall be considered as a waiver or acceptance of abandonment.
Page 288 - General average and salvage to be adjusted according to the law and practice obtaining at the place where the adventure ends, as if the contract of affreightment contained no special terms upon the subject; but where the contract of affreightment so provides the adjustment shall be according to York-Antwerp Rules.
Page 296 - 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...
Page 278 - ... arrests, restraints, and detainments of all kings, princes, and people, of what nation, condition, or quality soever, barratry of the master and mariners, and of all other perils, losses, and misfortunes, that have or shall come to the hurt, detriment, or damage of the said goods and merchandises, and ship, &c, or any part thereof.
Page 21 - In witness whereof, I have hereunto set my hand and caused the seal of the United States to be affixed. Done at the city of Washington...