The Madras Excessive Courtroom dominated in a current case {that a} dependent spouse didn’t have any authorized declare to the life insurance coverage proceeds from her husband’s loss of life if the latter had not paid the coverage premiums. On this case, the father-in-law had paid all of the coverage premiums.
The deceased had not appointed a nominee for the coverage, nor declared by way of a Will that his spouse ought to obtain the payout. Within the order, the decide wrote: “It’s little question true that spouse, mom and kids are Class-I heirs of a male deceased, and never the daddy. However heirship won’t be thought of for this …
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First Printed: Tue, June 15 2021. 06:10 IST