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Assignments of Policies in the Colonies and United States

Published online by Cambridge University Press:  18 August 2016

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Journal of the Institute of Actuaries , Volume 27 , Issue 5 , January 1889 , pp. 420 - 426
Copyright
Copyright © Institute and Faculty of Actuaries 1889

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References

page 424 note * Assignments in the United States would seem to be generally absolute in form, deeds of mortgage not being apparently customary.

page 425 note * We venture to suggest that the cases are not on all-fours, as in the former the assured's concurrence is necessary, in the latter he need know nothing about the matter.

page 426 note * Our correspondent has been good enough to make enquiries of the leading offices. Incidentally it is remarked that a large company has for some years declined to write policies for the benefit of creditors.