20-1127. Simultaneous deaths
Where the individual insured or the annuitant and the beneficiary designated in a life insurance policy or policy insuring against accidental death or in an annuity contract have died and there is not sufficient evidence that they have died otherwise than simultaneously, the proceeds of the policy or contract shall be distributed as if the insured or annuitant had survived the beneficiary, unless otherwise specifically provided in the policy or contract.
Section: Previous 20-1120 20-1121 20-1122 20-1123 20-1123.01 20-1124 20-1125 20-1127 20-1128 20-1129 20-1130 20-1131 20-1132 20-1133 20-1134 NextLast modified: October 13, 2016