 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1902 - 806 pages
...deceased members, the contract falls within the definition of an insurance contract; that is, an agreement by which one party, for a consideration, promises...something in which the other party has an interest. Com. v. Wetherbee, 105 Mass. 149; Franklin Beneficial Ass'n v. Com., 10 Pa. St. 357." People's Mut.... | |
 | Massachusetts - 1895 - 1138 pages
...him employment for ten weeks at a fixed compensation. It further promises to furnish this employment upon the destruction or injury of something in which the other party has an interest, to wit, his prior contract of employment. This contract of employment, upon the destruction of or injury... | |
 | United States. Court of Claims - 1929 - 868 pages
...different times during the continuance of the risk, promises to make a certain payment of money, or the destruction or injury of something in which the other party has an interest. In fire and marine insurance, the thing insured is property; in life or accident insurance, it is the... | |
 | 1889 - 546 pages
...provisions relating to such companies. This contract has all the features of a life insurance policy. It is a contract by which one party, for a consideration,...promises to make a certain payment of money upon the death of the other; and it is well settled that whatever may be the terms of payment of the consideration... | |
 | Herbert Broom, Edward Alfred Hadley - 1875 - 858 pages
...SC, 8 Am. Law. Reg. 477; 1 Pars, on Ship. &. Adm. 105. (542) A contract of insurance is an agreement sfied that the al In fire insurance and marine insurance the thing insured is property ; in life or accident insurance... | |
 | Massachusetts - 1876 - 1038 pages
...money, either in one sum. or at different tinieH during the continuance of the risk), promisee to make certain payment of money upon the destruction or injury...something in which the other party has an interest. In tire insurance, and marine insurance, the thing insured is property ; in life or accident insurance,... | |
 | Isaac Grant Thompson - 1884 - 880 pages
...usually paid in money, either in one sum, or at different times during the continuance of the risk), promises to make a certain payment of money, upon...something in which the other party has an interest. In fire insurance and marine insurance, the thing insured is property ; in life or accident insurance... | |
 | 1884 - 948 pages
...that state thus defines insurance : "A contract by which one party promises to make a certain payment upon the destruction or injury of something in which the other party has an interest, is a contract for insurance, whatever may be the terms of payment of the -consideration, or the mode of estimating... | |
 | Kansas. Insurance Department - 1884 - 354 pages
...that State thus defines insurance: "A contract by which cue party promises to make a certain payment upon the destruction or injury of something in which the other party has an interest, is a contract for insurance, whatever may be the terms of payment of the consideration, or the mode of estimating... | |
 | 1902 - 1188 pages
...disability benefits, its obligation for payment of death benefits is a contract by which the association, for a consideration, promises to make a certain payment of money upon the destruction tr injury of something in which the member has an interest, to wit, his life. And whatever may be the... | |
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A contract of insurance is an agreement by which one party, for a consideration (which is usually paid in money, either in one sum, or at different times during the continuance of the risk), promises to make a certain payment of money upon the destruction... 
