Tiffany's Instruction Book for Fire Insurance Agents ...

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H.C. Tiffany & Company, 1883 - 180 Seiten
 

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Seite 141 - Whenever this Company shall pay the mortgagee (or trustee) any sum for loss or damage under this Policy and shall claim that, as to the mortgagor or owner, no liability therefor existed, this Company shall, to the extent of such payment, be thereupon legally subrogated to all the rights of the party to whom such payment shall be made...
Seite 141 - ... only therein, shall not be invalidated by any act or neglect of the mortgagor or owner of the...
Seite 141 - ... this insurance, as to the interest of the mortgagee (or trustee) only therein, shall not be invalidated by any act or neglect of the mortgagor or owner...
Seite 141 - ... on reasonable demand, and after demand made by this company, upon and refusal by the mortgagor or owner to pay according to the established schedule of rates. It Is, however, understood that this company reserves the right to cancel this policy as stipulated in the printed conditions in said policy; and also to cancel this agreement on giving ten days...
Seite 143 - It is understood and agreed, that the amount insured by this policy shall attach in each of the...
Seite 141 - ... nor by the occupation of the premises for purposes more hazardous than are permitted by this policy...
Seite 141 - In case of any other insurance upon the property hereby insured, whether made prior or subsequent to the date of this policy, the assured shall be entitled to recover of this company no greater proportion of the loss sustained than the sum hereby insured bears to the whole amount insured thereon...
Seite 141 - ... legally subrogated to all the rights of the party to whom such payment shall be made, under all securities held as collateral...
Seite 141 - ... knowledge, and shall have permission for such change of ownership or increase of hazard duly Indorsed on this policy; and provided, further, that every increase of hazard not permitted by the policy to the mortgagor or owner shall be paid for by the mortgagee or trustee on reasonable demand, and after demand made by this company, upon and refusal by the mortgagor or owner to pay according to the established schedule of rates.
Seite 143 - Specific Insurance or Insurances, which said excess is declared to be under the protection of this Policy and Subject to Average as aforesaid.

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