Juridical Dictionary

This dictionary contains:
8526
juridical terms

Insurable interest




Insurable interest

That right of property which may be the subject of an insurance.

RELATED TERMS
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Right
1) Sometimes it signifies a law, as when we say that natural right requires us to keep our promises, or that it commands restitution, or that it forbids murder. In our language it is seldom used in this sense. 2) It sometimes means that quality in our actions by which they are denominated just ones. This is usually denominated rectitude. 3) It is that quality in a person by which he can do certain actions, or possess certain things which belong to him by virtue of some title. In this sense, we use it when we say that a man has a right to his estate or a right to defend himself.

Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property.

Subject
1) Contracts. The thing which is the object of an agreement. This term is used in the laws of Scotland. 2) Persons, government. An individual member of a nation, who is subject to the laws; this term is used in contradistiction to citizen, which is applied to the same individual when considering his political rights.

Insurance
Contracts. It is defined to be a contract of indemnity from loss or damage arising upon an uncertain event.



SIMILAR TERMS
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Insufficiency
What is not competent; not enough.

Insula
Latin. An island. In the Roman law the word is applied to a house not connected with other houses, but separated by a surrounding space of ground.

Insuper
English law. The balance due by an accountant in the exchequer, as apparent by his account. The auditors in settling his account say there remains so much insuper to such accountant.

Insurance
Contracts. It is defined to be a contract of indemnity from loss or damage arising upon an uncertain event.

Insurance attorney
An insurance lawyer is someone providing legal advice and counsel on various aspects of insurance law. He or she is a provider of claims payment assistance.

Insurance lawsuit
A lawsuit filed by or against an insurance company or having to do with insurance disputes.

Insured
Contracts. The person who procures an insurance on his property.

Insurer
Contracts. One who has obliged himself to insure the safety of another's property, in consideration of a premium paid, or secured to be paid, to him.

Insurgent
One who is concerned in an insurrection.

Insurrection
A rebellion of citizens or subjects of a country against its government.



PREVIOUS AND NEXT TERMS
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Instrument
Contracts. The writing which contains some agreement, and is so called because it has been prepared as a memorial of what has taken place or been agreed upon.

Instrumenta
This word is properly applied to designate that kind of evidence, which consists of writings not under seal, as court rolls, accounts, and the like.

Insufficiency
What is not competent; not enough.

Insula
Latin. An island. In the Roman law the word is applied to a house not connected with other houses, but separated by a surrounding space of ground.

Insuper
English law. The balance due by an accountant in the exchequer, as apparent by his account. The auditors in settling his account say there remains so much insuper to such accountant.

Insurable interest

Insurance
Contracts. It is defined to be a contract of indemnity from loss or damage arising upon an uncertain event.

Insured
Contracts. The person who procures an insurance on his property.

Insurer
Contracts. One who has obliged himself to insure the safety of another's property, in consideration of a premium paid, or secured to be paid, to him.

Insurgent
One who is concerned in an insurrection.

Insurrection
A rebellion of citizens or subjects of a country against its government.

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This dictionary contains 8526 terms.







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