LIFE INSURANCE ACT 1995 - SECT 224 Claim under policy where policy document lost or destroyed

LIFE INSURANCE ACT 1995 - SECT 224

    If:

  (a)   a person claiming to be the owner of a policy or claiming the benefit of section   211, 212 or 213 in respect of a policy:

  (i)   claims that the original policy document is lost or has been destroyed; and

  (ii)   gives to the company evidence of the loss or destruction that the company considers sufficient; and

  (iii)   makes a claim under the policy or makes any other request or claim in respect of it that would result in the termination of the policy; and

  (b)   the company liable under the policy:

  (ii)   satisfies the claim or complies with the request; and

  (iii)   records details of its action in the appropriate register kept under Division   8;

the company is discharged from all liability to any person under the policy.