Its central theme was ancient and medieval work on the law of evidence, which developed concepts like half-proof, similar to modern proof beyond reasonable doubt, as well as analyses of aleatory contracts like insurance and gambling.
2.
The more reasonable course, requiring an insurable interest as a prerequisite for the purchase of insurance, was pioneered in England, making insurance more than a mere game of chance, improving the repute of the insurance industry ( formerly frowned upon as an aleatory contract ), and gaining wider acceptance for it.
परिभाषा
a contract whose performance by one party depends on the occurrence of an uncertain contingent event (but if it is contingent on the outcome of a wager it is not enforceable)