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POLICIES OF ASSURANCE ACT 1867 - SECT 7

Interpretation.

7. In the construction and for the purposes of this Act the expression "policy
of life assurance" or "policy" shall mean any instrument by which the payment
of monies by or out of the funds of an assurance company, on the happening of
any contingency depending on the duration of human life, is assured or
secured; and the expression "assurance company" shall mean and include every
corporation, association, society, or company now or hereafter carrying on the
business of assuring lives, or survivorships, either alone or in conjunction
with any other object or objects.


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© 1867 Crown Copyright

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