Black and White: A Monthly Magazine of Facts for Insurance Policy Investors, Volume 14

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1897
 

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Halaman 85 - Whenever this Company shall pay the mortgagee or trustee any sum, for loss or damage under this policy, and shall claim that, as to the mortgagor or owner, no liability therefor existed, this Company shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt...
Halaman 97 - The way of an eagle in the air; the way of a serpent upon a rock; the way of a ship in the midst of the sea; and the way of a man with a maid.
Halaman 83 - ... 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...
Halaman 85 - Company shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral to the mortgage debt, or may, at its option, pay to the mortgagee [or trustee] the whole principal due or to grow due on the mortgage with interest, and shall thereupon receive a full assignment and transfer of the mortgage and of all such other securities; but no subrogation shall impair the right of the mortgagee...
Halaman 83 - ... the whole principal due or to grow due on the mortgage with interest, and shall thereupon receive a full assignment and transfer of the mortgage and of all such other securities; but no subrogation shall impair the right of the mortgagee or trustee to recover the full amount of his claim.
Halaman 85 - ... this insurance, as to the interest of the mortgagee (or trustee) only therein, shall not be invalidated by any act or neglect of the mortgagor...
Halaman 34 - Payment of death benefits shall be to the families, heirs, blood relatives, affianced husband or affianced wife of, or to persons dependent upon the member...
Halaman 85 - ... shall on demand, pay the premium for such increased hazard for the term of the use thereof; otherwise this policy shall be null and void.
Halaman 84 - If at the time of fire the whole amount of insurance on the property covered by this policy shall be less than per cent, of the actual cash value thereof, this company shall in case of loss or damage be liable for only such portion of such loss or damage as the amount insured by this policy shall bear to the said per cent, of the actual cash value of such property.
Halaman 86 - It is a part of the consideration of this policy, and the basis upon which the rate of premium is fixed, that the assured shall...

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