Victorian Consolidated Legislation

Instruments Act 1958 - SECT 26

Life insurance contracts

26. Life insurance contracts

A contract of life insurance upon the life of any person, whether entered into
before or after the commencement of this Act, shall not be void or voidable
merely on the ground that such person after the commencement of the
Instruments (Insurance Contracts) Act 1939 died by his own hand or act, if
upon the true construction of the contract the insurer has thereby agreed to
pay the sum assured in the events that have happened.