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Life Assurance Act 1774

As Enacted Cited in Amendments 41 Related
JurisdictionUK Non-devolved
Citation1774 c. 48,14 Geo. 3 c. 48
Year1774
Anno Regni G E O R G II III. Decimo Quarto. An Act for regulating Insurances upon Lives, and for prohibiting all such Insurances, except in Cases where the Persons insuring shall have an Interest in the Life or Death of the Persons insured.

(14 Geo. 3) C A P. XLVIII.

'WHEREAS it hath been found by Experience, that the making Insurances on Lives, or other Events, wherein the Assured shall have no Interest, hath introduced a mischievous Kind of Gaming:' For Remedy whereof, be it enacted by the King's most Excellent Majesty, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same, That from and aster the passing of this Act, no Insurance shall be made by any Personor Persons, Bodies Politick or Corporate, on the Life or Lives of any Person or Persons, or on any other Event or Events whatsoever, wherein the Person or Persons for whose Use, Benefit, or...

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