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Gambling Policy

Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Black's (1910), Black's (1891)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

A policy of life insurance issued to one as beneficiary who has no interest in the life of the insured.

Ballentine's Law Dictionary

James A. Ballentine · 1916

A life insurance policy, the beneficiary named in which has no insurable interest in the life of the insured.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In life insurance. One issued to a person, as beneficiary, who has no pecuniary interest in the life insured Otherwise calied a "wager policy." Gambs v. Covenant Mut. Ins. Co.., 50 Mo. 47.

Defined under Gamble in Black's Law Dictionary.

A Dictionary of Law

Henry Campbell Black · 1891

In life insurance. One issued to a person, as benoliciary, who has no pecuniary interest in the life insured. Otherwise called a “wager policy.” 50 Mo. 47.