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CCQ-1991 - Civil Code of Québec
Section 2447
Disposition versions
2447. The beneficiary or the subrogated policyholder need not exist at the time of designation or be then expressly determined; it is sufficient that at the time his right becomes exigible he exist or, if he is conceived but not born, that he be born alive and viable and that his quality be recognized.
The designation of a beneficiary is presumed made on the condition that the beneficiary exists at the time the proceeds of the insurance become payable; the designation of the subrogated policyholder is presumed made on the condition that the person so designated exists at the death of the preceding policyholder.
2447. The beneficiary or the subrogated policyholder need not exist at the time of designation or be then expressly determined; it is sufficient that at the time his right becomes payable he exist or, if he is conceived but not born, that he be born alive and viable and that his quality be recognized.
The designation of a beneficiary is presumed made on the condition that the beneficiary exists at the time the proceeds of the insurance become payable; the designation of the subrogated policyholder is presumed made on the condition that the person so designated exists at the death of the preceding policyholder.
2447. The beneficiary or the subrogated policyholder need not exist at the time of designation or be then expressly determined; it is sufficient that at the time his right becomes exigible he exist or, if he is conceived but not born, that he be born alive and viable and that his quality be recognized.
The designation of a beneficiary is presumed made on the condition that the beneficiary exists at the time the proceeds of the insurance become exigible; the designation of the subrogated policyholder is presumed made on the condition that the person so designated exists at the death of the preceding policyholder.
