Acts and Regulations

I-12 - Insurance Act

Section 165
Disposition versions

Full text
Payment of insurance money
165Where an insurer receives sufficient evidence of
(a) the happening of the event upon which insurance money becomes payable,
(b) the age of the person whose life is insured,
(c) the right of the claimant to receive payment, and
(d) the name and age of the beneficiary, if there is a beneficiary,
it shall, within thirty days after receiving the evidence, pay the insurance money to the person entitled thereto.
1968, c.6, s.165