Life Assurance Act 1774
[1.] No Insurance to be made on the lives of persons having no interest, &c.
2 No policies on lives without inserting the persons names, &c.
3 How much may be recovered where the insured hath interest in lives.
4 Not to extend to insurances on ships, goods, &c.

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Life Assurance Act 1774

1774 CHAPTER 48 14 Geo 3

X1An 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.

Preamble.

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: