Civil Code · English · 2015
Article 2690
Beneficiary Must be Alive
(1)
Unless the policy provides otherwise, the benefit shall be payable only on the condition that the beneficiary be alive on the day when the capital or life interest is to be paid.
#(2)
If the insured person and the beneficiary die at the same time or in circumstances which make it impossible to determine which of them died first, the insured is, for the purposes of the insurance, deemed to have survived the beneficiary.
#(3)
If the insured person dies intestate and without an heir, the beneficiary is deemed to have survived the insured person.
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