Legislator Case Law & Legislation
VakO 30.10.1984/2471:82 AI generated

Insurance court dismissed claim for payment of life insurance benefit due to policyholder's death before maturity.

Case Number VakO 30.10.1984/2471:82
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed

Legislator summary

AI generated

The Finnish Insurance Court dismissed the policyholder's claim for a life insurance benefit because the insured died prior to the policy's maturity date. The court found that the contract terms explicitly required survival until maturity for the benefit to become payable, and the opposing party successfully argued that no contractual obligation existed upon early death. Consequently, the court ruled that the insurer was not liable for any payment under these specific circumstances.

Legislator headnote

AI generated

Insurance Act 1984, s. 10; Life insurance contracts require the insured's survival until the maturity date for the benefit to become payable, and no liability arises if death occurs earlier.

Keywords

AI generated
life insurance contract maturity date requirement early death exclusion benefit non-payment insurance court jurisdiction

Cited Legislation

AI generated
Insurance Act 1984, s. 10

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Full text

VakO 30.10.1984/2471:82