Aldous v. National Ben Franklin Fire Ins.

Citations

• 65 Pa. Super. 619
• 1917 Pa. Super. LEXIS 58

Syllabus

<p>Insurance — Fire insurance — Sole ownership — Vendor and vendee.</p> <p>Where a fire insurance policy in the standard form and containing the usual provision as to unconditional and sole ownership, specifies a particular person as the insured, but contains a rider prepared by the agent of the company which states that the loss, if any, shall be payable to two persons named as their interests shall appear, and recites that the persons thus named are the vendors of the premises to the person named as the insured under an agreement of sale, and it appears that the vendors paid the premiums, and that the vendee never knew of the existence of the policy until the premises were burned down, the vendors are entitled to recover the insurance money, and the unconditional and sole ownership clause does not apply.</p>