113 N.C. 244 | N.C. | 1893
It is said in Mr. May’s Work on Insurance, § 102a, that “ to have an insurable interest in the life of another one must be a creditor or surety, or be so related by ties of blood or marriage as to have reasonable anticipation of advantage from his life,” and that an insurable interest in the life of another is “ such an interest arising from the relation of the party obtaining the insurance, either as creditor of or surely for the assured, or from ties of blood or marriage to him as will justify a reasonable expectation of advantage or benefit from the continuance of his life.”
No Error. Affirmed.