Where the insured and the beneficiary in a policy of life or accident insurance have died and there is no sufficient evidence that they have died otherwise than simultaneously, the proceeds of the policy shall be distributed as if the insured had survived the beneficiary.
N.J. Stat. Ann. § 3B:6-5
Distribution of proceeds of life or accident policies
Known as the Uniform Simultaneous Death Law
The act spans §§ 3B:6-1 to 3B:6-7 (7 sections).
L.1981, c. 405, s. 3B:6-5, eff
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.