Macaura vs Northern Assurance Co Ltd - Insurable interest companies Act
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- Опубліковано 27 сер 2024
- Macaura v Northern Assurance Co Ltd [1925] AC 619
After the timber was destroyed by fire the insurance company refused the claim. The House of Lords held that in order to have an insurable interest in property a person must have a legal or equitable interest in that property.