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Exam (elaborations)

LML4805 Assignment 2 [Detailed Answers] Semester 1 - Due: 26 April 2024

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LML4805 Assignment 2 [Detailed Answers] Semester 1 - Due 26 April 2024

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LML4805
ASSIGNMENT 2 (SEMESTER 1)

DUE DATE: 26 April 2024




Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no
later than 26 April 2024. Kindly note that fax or email submissions will not be accepted.


NB: Assignment submitted to the lecturer(s) through email will not be considered.


Question 1:

Briefly set out the legal principles established or confirmed in Littlejohn v Norwich Union Fire
Insurance Society 1905 TH 374 (2) in relation to insurable interest over property belonging to a
spouse. Also provide a brief summary of the facts of the case. (5)



ANSWER:

In Littlejohn v Norwich Union Fire Insurance Society 1905 TH 374, the legal principles established
relate to the concept of insurable interest over property belonging to a spouse. The case affirmed
that a person has an insurable interest in property if they would suffer financially from its loss or
damage. Here's a brief summary of the facts and the legal principles established:


Facts:

Mrs. Littlejohn took out a policy of fire insurance on household goods with the Norwich Union Fire
Insurance Society. The policy was issued in her name alone, and the premium was paid out of her
separate estate. The insured property consisted mainly of household furniture and effects which

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