Supreme Court allows insurer to recover policy value in insolvency despite non-refundability commitment.

The Supreme Court of Finland allowed the insurer to recover the policy's cash value from the insolvent policyholder's estate. The insurer argued that the non-refundability commitment was merely a marketing promise, while the insolvency administrator claimed it was a binding contractual term. The court ruled that the commitment lacked the necessary legal certainty to override the statutory right to cash value in insolvency proceedings.