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<note>15</note> | |||
<head>Indirect Legislation § 10</head> | |||
<note>Mischief</note> | |||
<head>16</head> | |||
<note>Private insurance <lb/>Throwing it on <lb/>a party who is <lb/>content to bear <lb/>it — as on a <lb/>priori insurer:<lb/></note>In the case of private insurance the advantage<lb/>results from this circumstance. The insurer<lb/> being prepared to sustain the loss [which<lb/>may take place] is <add>he is therefore</add> exempt from that pain of<lb/>privation which he would otherwise experience,<lb/>or at least the intensity of that which he feels<lb/>is much abated. The terms of his proposing himself<lb/>for it was that of his receiving his <hi rend="underline">premium</hi>,<lb/>which at that time he looked upon as more<lb/>than equivalent to the danger of the loss: else<lb/>he would have had no motive to run the risque: <hi rend="superscript">(a)</hi> <note>NOTE<lb/>(a) In London there are voluntary societies for purposes of this</note> <!-- The word "this" is a catchword leading --> | |||
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15
Indirect Legislation § 10
Mischief
16
Private insurance
Throwing it on
a party who is
content to bear
it — as on a
priori insurer:
In the case of private insurance the advantage
results from this circumstance. The insurer
being prepared to sustain the loss [which
may take place] is he is therefore exempt from that pain of
privation which he would otherwise experience,
or at least the intensity of that which he feels
is much abated. The terms of his proposing himself
for it was that of his receiving his premium,
which at that time he looked upon as more
than equivalent to the danger of the loss: else
he would have had no motive to run the risque: (a) NOTE
(a) In London there are voluntary societies for purposes of this
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Identifier: | JB/087/130/003"JB/" can not be assigned to a declared number type with value 87. |
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087 |
indirect legislation |
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130 |
indirect legislation |
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text sheet |
4 |
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recto |
f13 / f14 / f15 / f16 |
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jeremy bentham |
[[watermarks::r williams [britannia with shield emblem]]] |
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c. hamilton |
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27655 |
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