§ 33-1.1-11. Insurance proceeds.
(a) 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, even though such policy or certificate was procured and maintained by the slayer and even though he or she paid all the premiums, shall be paid as if the slayer had predeceased the insured.
(b) 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 or her estate as alternate 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 or her interest in the policy if he or she had been living.
History of Section.P.L. 1962, ch. 62, § 1.
Structure Rhode Island General Laws
Title 33 - Probate Practice and Procedure
Chapter 33-1.1 - Disposition of Property of Person Killed by Another
Section 33-1.1-1. - Definitions.
Section 33-1.1-2. - Limitation on acquisition of property or benefit.
Section 33-1.1-3. - Statutory descent and rights.
Section 33-1.1-5. - Tenancy by entirety.
Section 33-1.1-6. - Joint tenancy.
Section 33-1.1-7. - Reversion — Vested remainder.
Section 33-1.1-8. - Interest subject to life of decedent.
Section 33-1.1-9. - Contingent remainder — Future interest.
Section 33-1.1-10. - Exercise of power of appointment.
Section 33-1.1-11. - Insurance proceeds.
Section 33-1.1-13. - Purchasers for value without notice.
Section 33-1.1-14. - Record of conviction admissible in civil actions.