N.Y. Ins. Law § 3213

Current through 2024 NY Law Chapters 1-49, 52, and 61-117
Section 3213 - Payment of proceeds

Where the proceeds of a policy of life insurance delivered or issued for delivery in this state are payable, according to its terms, to two or more beneficiaries without designation of their respective interests, the proceeds shall be paid to such beneficiaries in equal portions.

N.Y. Ins. Law § 3213