(a) Policies on life of decedent.--Insurance proceeds payable to the slayer as the beneficiary or assignee of any policy or certificate of insurance on the life of the decedent, or as the survivor of a joint life policy, shall be paid to the estate of the decedent, unless the policy or certificate designates some person not claiming through the slayer as alternative beneficiary to him.
(b) Policies on life of slayer.--If the decedent is beneficiary or assignee of any policy or certificate of insurance on the life of the slayer, the proceeds shall be paid to the estate of the decedent upon the death of the slayer, unless the policy names some person other than the slayer or his estate as alternative beneficiary, or unless the slayer by naming a new beneficiary or assigning the policy performs an act which would have deprived the decedent of his interest in the policy if he had been living.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Section 8801 - Definition of terms
Section 8802 - Slayer not to acquire property as result of slaying
Section 8803 - Descent, distribution, dower, curtesy, and statutory rights as survivor
Section 8805 - Tenancies by the entirety
Section 8806 - Joint tenants, joint owners and joint obligees
Section 8807 - Reversions and vested remainders
Section 8808 - Interests dependent on survivorship or continuance of life
Section 8809 - Contingent remainders and executory or other future interests
Section 8810 - Powers of appointment
Section 8811 - Proceeds of insurance
Section 8812 - Bona fide payment by insurance company or obligor
Section 8813 - Bona fide purchasers
Section 8814 - Record of conviction as evidence