| Commentary

72.25 Insurance contracts

| Commentary

72.25 Insurance contracts

In a typical situation, one party takes out an insurance policy with another party (the insurer), for the benefit of a third party. Before the Contracts (Rights of Third Parties) Act 1999, the third party was unable to enforce the contract of insurance against the insurer.

Under the 1999 Act a third party may be able to enforce a contract of insurance taken out for the third party’s benefit directly against the insurer in the following cases:

  1. (a)

        a life insurance policy taken for the benefit of dependants not covered by the Married Women’s Property Act 1882 Act

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