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INSURANCE COMPANY v. BAILEY

80 U.S. 616 (____)

13 Wall. 616

INSURANCE COMPANY v. BAILEY.

Supreme Court of United States.

Attorney(s) appearing for the Case

Messrs. Carlisle, McPherson, and W.S. Cox, for the appellant.

Messrs. W.D. Davidge and R.B. Washington, contra.

Mr. Justice CLIFFORD delivered the opinion of the court.

Policies of life insurance are governed, in some respects, by different rules of construction from those applied by the courts in case of policies against marine risks or policies against loss by fire.

Marine and fire policies are contracts of indemnity, by which the claim of the insured is commensurate with the damages he sustained by the loss of, or injury to, the property

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