A Treatise On Guaranty Insurance And Compensated Suretyship Including Therein As
A Treatise On Guaranty Insurance And Compensated Suretyship Including Therein As
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, 53 Fed. 208.
2 19 Mo. 583. ° People ex rel. Nat. Sur. Co.
3 See also Robinson v. Nat. Sur. V. Feitner, 166 N. Y. 129 ; 59 Co. , 31 Tex. Civ. App. 629; 73 N. E. 731.
S. W. 26.
59 § 23, 24 LAW OF GUARANTY INSURANCE [CHAP. III.
after having once accepted a proposal for the same, the party injured by such a refusal may recover damages for whatever injury he may have directly suffered by reason of such refusal.^ The measure of damages usually is the expense to which the party injured by the refusa...l is put in order to supply a new insurance bond.^ § 24. Legal Effect of Acceptance of Proposal and Applica- tion upon the Liability of the Insurer prior to the Issuance of the Policy. — It is a very common practice on the part of guaranty insurance companies to issue what are known as ''guaranty provisional receipts. " The purpose of issuing these is to give the insured all the benefits of a valid policy without the possession of the instrument itself, while at the same time the insurer acquires thereby the same right to the premium as if the policy had been issued.
What to read after A Treatise On Guaranty Insurance And Compensated Suretyship Including Therein As?
You can find similar books in the "Read Also" column, or choose other free books by Thomas Gold Frost to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
, 53 Fed. 208.
2 19 Mo. 583. ° People ex rel. Nat. Sur. Co.
3 See also Robinson v. Nat. Sur. V. Feitner, 166 N. Y. 129 ; 59 Co. , 31 Tex. Civ. App. 629; 73 N. E. 731.
S. W. 26.
59 § 23, 24 LAW OF GUARANTY INSURANCE [CHAP. III.
after having once accepted a proposal for the same, the party injured by such a refusal may recover damages for whatever injury he may have directly suffered by reason of such refusal.^ The measure of damages usually is the expense to which the party injured by the refusa...l is put in order to supply a new insurance bond.^ § 24. Legal Effect of Acceptance of Proposal and Applica- tion upon the Liability of the Insurer prior to the Issuance of the Policy. — It is a very common practice on the part of guaranty insurance companies to issue what are known as ''guaranty provisional receipts. " The purpose of issuing these is to give the insured all the benefits of a valid policy without the possession of the instrument itself, while at the same time the insurer acquires thereby the same right to the premium as if the policy had been issued.
What to read after A Treatise On Guaranty Insurance And Compensated Suretyship Including Therein As?
You can find similar books in the "Read Also" column, or choose other free books by Thomas Gold Frost to read onlineMoreLess
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