TABLE OF CONTENTS

Cover Page

Title Page        -           -           -           -           -           -           -           -           -           i

Declaration                  -           -           -           -           -           -           -           -           ii

Certification                -           -           -           -           -           -           -           -           iii

Dedication      -           -           -           -           -           -           -           -           -           iv

Acknowledgements                -           -           -           -           -           -           -           v

Table of Contents       -           -           -           -           -           -           -           -     vii-ix

Table of Cases -           -           -           -           -           -           -           -           -      x-xii

Table of Statutes         -           -           -           -           -           -           -             - xiii-xiv

Interviews and Personal Communication       -           -           -           -           -          xv

List of Abbreviations  -           -           -           -           -           -           -           -  xvi-xvii

Abstract          -           -           -           -           -           -           -           -           -       xviii

CHAPTER ONE

1.1       Introduction                -           -           -           -           -           -           -       1-3

1.2       Statement/Legal Problem        -           -           -           -           -           -          4

1.3       Purpose/Objective of Study    -           -           -           -           -          -            4

1.4       Rational/Justification of Study           -           -           -           -           -           5

1.5       Literature Review       -           -           -           -           -           -           -      5-11

1.6       Data Collection/Methodology            -           -           -           -           -           -         12

1.7       Scope and Limitation of Study          -           -           -           -           -          12        

CHAPTER TWO: NATURE AND DEFINITION OF INSURANCE

2.0        Introduction                   -           -           -           -           -           -           -    13-15

2.1   Definition           -           -           -           -           -           -           -          -    15-18

2.2    Historical Development of Insurance in Nigeria           -           -          -    18-21

2.3    Some Fundamental Principles of Insurance Under the Nigerian Law       

of Insurance       -           -           -           -           -           -           -           -     22-44

2.4   Nature of Insurance Contract    -           -           -           -           -           -     44-50

2.5   Conclusion         -           -           -           -           -           -           -           -     50-51

CHAPTER THREE: THE DOCTRINE AND APPLICATION OF INSURABLE INTEREST UNDER INSURANCE CONTRACT IN NIGERIAN

3.0   Introduction        -           -           -           -           -           -           -           -     52-54

3.1    Origin of Insurable Interest                   -           -           -           -           -     54-56

3.2    Definition of Insurable Interest -           -           -           -           -           -     56-59

3.3    Insurable Interest as a Measure of Recovery     -           -           -           -      59-61

3.4    Necessity of Insurable Interest  -           -           -           -           -           -      61-62

3.5    Application of Insurable Interest           -           -           -           -           -      62-68

3.6    What Distinguishes Insurable Interest from other Forms of

         Insurable Contract         -           -           -           -           -           -           -           68

CHAPTER FOUR

4.0      Classification of Insurable Interest      -           -           -           -           -     69-70

4.1      Time for Insurable Interest       -           -           -           -           -           -     70-72

4.2      Insurable Interest in Property   -           -           -           -           -           -     72-74

4.3      Insurable Interest in Life Insurance     -           -           -           -           -     74-76

4.4      Insurable Interest in Goods      -           -           -           -           -           -     77-78

4.5      Insurable Interest in Land and Building                      -           -           -    79-80

4.6      Effect of Lack of Insurable Interest    -           -           -           -           -          81

CHAPTER FIVE

5.0    General Conclusion                    -           -           -           -           -           -    82-83

5.1   Recommendation            -           -           -           -           -           -           -    83-85

Bibliography -    -           -           -           -           -           -           -           -    59-61

TABLE OF CASES

Adefuye v. Royal Exchange Assurance (1962) L.L.R 43.       -           -           -           58

Akpata and Garrick v. African Alliance Co. Ltd. (1967) NWLR 12             -           -           28

Berker Gray v. London Assurance (1918) A.C. 101, 112 per Lord Summer- -         42

British Marine Insurance Co. v. Jenkim (1900) I.Q.O 299 at 403      -           -           43

Carter v. Boehm (1860)          -           -           -           -           -           -           -           48

Castellian v. Preston [1883] 11 QBD 380 at pg 397  -           -           -           -           62

Collinridge v. Royal Exchange Assurance Corp. [1877] 3 QB 173:47          -           64

Dalby v. India and London Life Assurance Co.  [1854] 15 CB 365: 139 ER 465      75

Ebsworth v. Alliance Marine Insurance Co. [1873] LR 8 CP 596 pg. 638    -           68

Gordon v. Gordon (1812) 3 Swan 408 Companies    -           -           -           -           24

Griffith v. Fleming (1909) 100 [1765:1969] IKB 805: [1908-10] All ER 760 CA     76

Hedley Byrne & Co Ltd v. Heller & Co Ltd.            -           -           -           -           -           29

Irukwu v. TIMB (1997) 12 NWLR 17           -           -           -           -           -           27

Kayode v. Royal Exchange Assurance (1955-56) W.R. N.L.R. 154  -          -      2, 45

Law Union and Rock Insurance Ltd v. Livinus Onuoha [1998] NWLR

(PT 555) pg 576          -           -           -           -  &n