Acts and Regulations

I-12 - Insurance Act

Full text
Simultaneous deaths
213Unless a contract or a declaration otherwise provides, where a person insured or group person insured and a beneficiary die at the same time or in circumstances rendering it uncertain which of them survived the other, the insurance money is payable in accordance with subsection 208(2) as if the beneficiary had predeceased the person insured or group person insured.
1968, c.6, s.213