General restriction on insurers
Registration of Singapore insurers
Deposits, registers of policies and insurance funds
Miscellaneous requirements as to conduct of business
General
Conduct of Insurance Broking Business
Returns
Inspections and Investigations
Winding up
Transfers of business
Administration and enforcement
Miscellaneous amendments of law
Supplementary
| Payment of life policy and personal accidentclaims without probate, etc. |
| Payment of life policy and accident and health claims without probate, etc. |
| 61.—(1) In any case where the policy owner of any life policy or accident and health policy of an insurer dies, and the policy moneys are payable thereunder on his death, the insurer may make payment to any proper claimant a prescribed amount of the policy moneys of all such policies issued by the insurer on the deceased’s life without the production of any probate or letters of administration; and the insurer shall be discharged from all liability in respect of the amount paid. [11/86]
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