SFARJILANI vs. ROYAL EXCHANGE ASSURANCE

The plaintiff was insured with the British Commonwealth Insurance Company Limited under a policy of insurance No. BB1123664. The defendant-company, with the consent of the plaintiff, took over all the rights, interests and liabilities of the said British Commonwealth Insurance Company Ltd. under the said policy. The policy was in respect of the plaintiff’s textile retail store situate on plot D.975/3, Boundary Road, Accra. The said retail store of the plaintiff was broken into during the night of the 28th January, 1961, and some of the insured goods stolen therefrom. The plaintiff estimated the loss he suffered in consequence of the burglary at £G3,874 11s. 7d., and claims the said amount against the defendant-company under the virtue of the indemnity under the said policy. The sum covered by the covered by the policy is £G2,500. But the plaintiff pleaded that that original sum was increased to £G4,500 in consideration of his agreeing to pay a premium of £G18 15s. Od. instead of ...