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Prudential Insurance Co vs. Inland Revenue Commissioners [1904] 2 KVB 658

Prudential Insurance Co vs. Inland Revenue Commissioners [1904] 2 KVB 658


Citation:Prudential Insurance Co vs. Inland Revenue Commissioners [1904] 2 KVB 658

Link to case on WorldLII (reference).

Rule of thumb:What is the basic purpose of insurance law? To determine whether a payment or benefit is owed.

Judgment:

‘A contract of insurance is a contract... for the payment of a sum of money, or for some corresponding benefit’, at 664

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Warning: This is not professional legal advice. This is not professional legal education advice. Please obtain professional guidance before embarking on any legal course of action. This is just an interpretation of a Judgment by persons of legal insight & varying levels of legal specialism, experience & expertise. Please read the Judgment yourself and form your own interpretation of it with professional assistance.