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.
Legislator summary
AI generatedThe 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 generatedInsurance 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 generatedInsurance Act 1984, s. 10
Full text
VakO 30.10.1984/2471:82