| 单词 | honour policy |
| 释义 | > as lemmashonour policy honour policy n. (chiefly in marine insurance) an insurance policy in which the insured has no insurable interest and which cannot be legally enforced; cf. ppi n. at P n. Initialisms, wager policy n. at wager n.2 Compounds 2. ΚΠ 1875 Times 1 Dec. 11/3 An honour policy..which could not bind the underwriters in point of law. 1895 Sir W. R. Kennedy in Law Times Rep. 72 861/1 All these ‘disbursements’ policies were p. p. i. or ‘honour’ policies—policies, that is to say, wherein it was stipulated that the policy should be deemed sufficient proof of interest. 1902 A. C. Campbell Insurance & Crime vi. 115 One proposal is that honour policies shall be abolished. 2002 R. Hodgin Insurance Law (ed. 2) iv. 307 The insurer's discretion to dishonour the so called ‘honour policies’ does not exist. < as lemmas |
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