insurable interest
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 72 U.S. 509 - Insurance Company v. Chase · 1866Most cited · 66 citing opinions
trustee
A trustee, therefore, having the right, is justified in insuring the property, even to its full value, although there is no obligation on him, in the absence of express directions, to insure at all.
How often courts cite the cases defining “insurable interest”
Court decisions citing the 2 opinions that defined “insurable interest” — 87 in all, by decade. Counts are citations to the defining cases as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 2 definitions, chronological · 1828–1866
- 1828·26 U.S. 151 - Benjamin Buck Thomas Hedrick v. The Chesapeake Insurance Company[p111]· cited 21×ORIGINAL
It is only necessary to inspect a few cases on this doctrine, to be satisfied, that the term interest, as used in application to the right to insure, does not necessarily imply property, in the subject of insurance.