20-1127. Simultaneous deaths
71 words·~1 min read·
/az/title-20/20-1127A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Where the individual insured or the annuitant and the beneficiary designated in a life insurance policy or policy insuring against accidental death or in an annuity contract have died and there is not sufficient evidence that they have died otherwise than simultaneously, the proceeds of the policy or contract shall be distributed as if the insured or annuitant had survived the beneficiary, unless otherwise specifically provided in the policy or contract.