Civil Law (Presumption of Death) Act 2019
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Insurance against claims | ||
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7. (1) Where an order has been made under section 5 , the person who applied under that section shall, unless the Court otherwise directs, as soon as may be effect a policy of insurance in respect of any claim which may arise by virtue of an order under section 8 . | ||
(2) Any premium payable by the person who applied under section 5 in respect of a policy of insurance effected under subsection (1) shall be a proper charge on the estate of the missing person. | ||
(3) Where an order has been made under section 5 , an insurer may, before making payment of any capital sum (other than in respect of an annuity or other periodical payment) to any person as a result of such order, require that person to effect in his or her own name for the benefit of that insurer a policy of insurance to satisfy any claim which that insurer may establish in the event of an order under section 8 being made. |