actual delivery


actual delivery
Within the rule as to passing title under a sale, the term means a formal immediate tradition of the property to the vendee. Bridgham v Hinds, 120 Me 444, 115 A 197, 21 ALR 1024. But an actual delivery of an insurance policy may be completed without a manual tradition of the instrument to the insured. Any disposition of the policy by the insurer which evidences an intention to put the policy out of its control and in the control of the applicant is sufficient to amount to a delivery or actual delivery of the policy. 29 Am JRev ed Ins § 216. See actual change of possession; delivery.

Ballentine's law dictionary. . 1998.