(1) Insurance proceeds
payable to the slayer or abuser as the beneficiary or assignee of
any policy or certificate of insurance on the life of the
decedent, or as the survivor of a joint life policy, shall be
paid instead to the estate of the decedent, unless the policy or
certificate designate some person other than the slayer or abuser
or his or her estate as secondary beneficiary to him or her and
in which case such proceeds shall be paid to such secondary
beneficiary in accordance with the applicable terms of the
policy.
(2) If the decedent is beneficiary or assignee of any policy
or certificate of insurance on the life of the slayer or abuser,
the proceeds shall be paid to the estate of the decedent upon the
death of the slayer or abuser, unless the policy names some
person other than the slayer or abuser or his or her estate as
secondary beneficiary, or unless the slayer or abuser by naming a
new beneficiary or assigning the policy performs an act which
would have deprived the decedent of his or her interest in the
policy if he or she had been living.
[2009 c 525 § 10; 1965 c 145 § 11.84.100. Prior: 1955 c 141 § 10.]