"On Account Of Whom It May Concern" is a word in LAW AND LEGAL

On Account Of Whom It May Concern LAW AND LEGAL
Definition:

when a policy of insurance expresses that the insurance is made “on ac-count of whom lt may concern," it will cover all persons having an insurable interest ln the subject-matter at the date of the policy and who were then contemplated by the par-ty procuring the insurance. 2 Pars. Mar. Law, 30

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abandon ENGLISH

To relinquish all claim to; -- used when an insured person gives up to underwriters all claim to the property …

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Adjustment LAW AND LEGAL

In the law of insur-ance, the adjustment of a loss ls the ascer-tninment of Its amount and the ratable distribution …

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Assured LAW AND LEGAL

A person who has been in-sured by some insurance company, or umler-writer, agaiust losses or perils mentioned ln the policy …

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Backwards LAW AND LEGAL

In a policy of marine insurance, the phrase “forwards aud back-wards at sea” means from port to port in the …

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Burning Fluid LAW AND LEGAL

As used ln policies of insurance, this term does not mean any fluid which will burn, but it means a …

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Catchings LAW AND LEGAL

Things caught, and in the possession, custody, power, and dominion of the party, with a present capacity to use them …

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Corn LAW AND LEGAL

In English law, a general term for any sort of grain; but in America it is properly applied only to …

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A court established hy statute 43 Eliz. c. 12, to determine in a summary way all causes between merchants, concerning …

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De Fairs Echelle LAW AND LEGAL

In French law. ▲ clause commonly inserted in policies of marine insurance, equivalent to a license to touch and trade …

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Destroy LAW AND LEGAL

As used in policies of Insur- ■ ance, leases, and ln maritime law, this, term ls often applied to an …

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Detainment LAW AND LEGAL

This term ls used In policies of marine insurance, in the clause relating to “arrests, restraints, and detain-ments.” The last …

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Disease LAW AND LEGAL

In construing a policy of life insurance, it is generally true that, before any temporary ailment can be called a …

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Insurance LAW AND LEGAL

A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject …

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lapsed ENGLISH

Ineffectual, void, or forfeited; as, a lapsed policy of insurance; a lapsed legacy.

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Mooring LAW AND LEGAL

In maritime law. Anchor-ing or making fast to the shore or dock; the securing or confining a vessel ln a …

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Peril LAW AND LEGAL

The risk, hazard, or contingen-cy insured against by a policy of insurance

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policy ENGLISH

The writing or instrument in which a contract of insurance is embodied; an instrument in writing containing the terms and …

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Policy Of Insurance LAW AND LEGAL

A mercantile instrument in writing, by which one party, in consideration of a premium, engages to lndemnify another against a …

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pulisa CEBUANO

pulísa n policy, written contract. Pulísa sa insyúrans, Insurance policy. v [b6] issue s. o. a policy.

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Rebate LAW AND LEGAL

Discount; reducing the Interest of money ln consideration of prompt payment. Also a deduction from a stlpulat-ed premium on a …

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