How is the sum insured paid out in the event of the death of the insured person?
Upon conclusion of the Insurance Contract, a beneficiary is appointed to receive the insurance payment in the event of the death of the Insured Person.
If the beneficiary died, went missing or refused to receive the insurance payment, then this payment in the event of the death of the insured person is received by his heirs in accordance with applicable law.
- Life insurance programs "Golden Handcuffs" and "Golden Parachute"
- What to do with employees of the enterprise of pre-retirement age who are ready to buy life insurance?
- In what cases can the insurer refuse to pay insurance compensation?
- Whole life insurance and its investment component
- What happens if you do not pay or delay the next insurance premium?
