Beneficiary Wrongfully Kills the Insured
Permitting someone to profit from the wrongful killing of another person is not in the public interest. As a result, laws in many countries disqualify a beneficiary from receiving the policy proceeds if the beneficiary wrongfully and intention¬ally killed the insured.3 In most cases in which a beneficiary is disqualified from receiving policy proceeds, the life insurance contract is valid, and the insurer is liable to pay the policy proceeds to someone, such as the contingent beneficiary. If, however, the policy was purchased with the intention to profit from the insured’s death, then the life insurance contract is void because the lawful purpose require¬ment was not met when the contract was created.