Reaper City Insurance v. Brennan

Citations

• 58 Ill. 158

Syllabus

<p>Issue auge—of the requisite disclosure in the application, of the title of the assured. A policy of insurance contained the following clause:</p> <p>. “ If the property to be insured be held in trust or on commission, or be a leasehold interest, or equity of redemption, or if the interest of the insured to the property be any other than the entire, unconditional and sole ownership of the property, for the use and benefit of the insured, it must be so represented to the companjr, and so expressed in the written part of this policy; otherwise the policy shall be void.”</p> <p>At the time the insurance was effected, the property had been sold on a judgment and execution against the assured, but the twelve months allowed for redemption had not expired: EAd, the non-disclosure of this sale avoided the policy; the title of the assured was not “ entire, unconditional and sole.”</p>