(Download) "Ernest E. Hoyt & A v. New Hampshire Fire" by Court of Appeals of New York # eBook PDF Kindle ePub Free
eBook details
- Title: Ernest E. Hoyt & A v. New Hampshire Fire
- Author : Court of Appeals of New York
- Release Date : January 04, 1942
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 61 KB
Description
While it is essential to the existence of a fire insurance policy that the party insured should have some interest in the subject-matter of the insurance (Prince v. Insurance Co., 86 N.H. 160, and case cited), it is not necessary that the extent of the insureds interest be set forth in the policy (Clark v. Insurance Co., 87 N.H. 353). Thus, "One who holds an undivided interest need not specifically describe his share... but may effect insurance thereon in general terms. If it appears that the description was intended to cover and apply exclusively to the individual interest of the assured, he will recover for such interest as he has." 3 Joyce, Insurance (2d ed.), s. 1691, and cases cited.