mortgagee clause
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 301 U.S. 389 - Aetna Ins Co Kennedy Bogash Springfield Fire Marine Ins Co v. Same Liverpool & London & Globe Ins Co Limited · 1937Most cited · 1,010 citing opinions
The mortgagee clause created a contract of insurance between him and the company and effected separate insurance upon his interest.