...goods, merchandises, or effects, &c." should be made, " interest or no interest, or without farther proof of interest than the policy, or by way of gaming...or without benefit of salvage to the assurer ; and assurances in contravention of the act are null. There is an exception in favour of British privateers,...

...Mcaley v. Wilson, 1 Camp. 430. (c) Power v. Butcher, 10 B. & C. 829 ; Jenkins v. Power, 6 M. & S. 282. by way of gaming or wagering, or without benefit of salvage to the assurer, and every such assurance is void (a). Interest docs not necessarily imply a right to the whole, or part...

...must be an express understanding to that effect. It was commonly expressed in the policy by the words "interest or no interest," or " without further proof of interest than the policy." The history of the introduction of these clauses into marine policies is given by Lord HARDWICRE, in...

...or on any goods, merchandises, or effects laden or to be laden ou board of any such ship or ships, interest or no interest, or without further proof of interest than the jKilicy, or by way of gaming or wagering, or without benefits of salvage to the assurer; and that every...

...his subjects, or on any goods, merchandises, or effects laden, or to be laden, on board such ships, interest, or no interest, or without further proof...salvage to the assurer, and that every such assurance should be void. This statute applies to an insurance on profits on goods laden on board a ship. Foreign...

...board of any such ship or ships, interest or no interest, or without further proof of interest thm the policy, or by way of gaming or wagering, or without...every such assurance shall be null and void to all intents and purposes. 2. Provided always, and be it further enacted by the authority aforesaid, that...

...belonging to his Majesty or any of his subjects, or on any goods or effects laden on board such ships, ' interest or no interest,' or ' without 'further proof...or wagering, or ' without benefit of salvage to the insurer,' and that every such insurance shall be void." This proLiUti.m The prohibition contained in...

...contract of indemnity. Accordingly, by one or other of the following clauses written on the face of it, "Interest or no interest," or "Without further proof of interest than the policy," or " This policy to be deemed sufficient proof of interest," or other similar terms, it purports to bind...

...Merchandizes or Effects laden thereon. WHEREAS it hath been found by experience that the making assurances, interest or no interest, or without further proof of interest than the policy, hath been productive of many pernicious practices, whereby great numbers of ships', with their cargoes,...

...and the champion, if recreant, "is condemned amifftre liberam legem, ie, to become laden on board, ' without further proof of interest than the policy,...every such assurance shall be null and void to all intents and purposes.' The same principle is now carried out in life insurance ; and no person is allowed...