Louisiana Revised Statutes 22:911 – Payments of proceeds; simultaneous deaths
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Terms Used In Louisiana Revised Statutes 22:911
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
Where the individual insured and the beneficiary designated in a life insurance policy or policy insuring against accidental death have died and there is not sufficient evidence that they have died otherwise than simultaneously, the proceeds of the policy shall be distributed as if the insured had survived the beneficiary, unless otherwise expressly provided in the policy.
Acts 1958, No. 125; Redesignated from La. Rev. Stat. 22:645 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.