n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - A suggested template for beneficiary nominations




Beneficiary nominations are an integral but controversial part of insurance law. The controversial aspects are partly attributable to the assimilation of beneficiary nominations with contracts in favour of third parties, a topic that in academic and even judicial circles continues to be polemic. Most if not all of the run-of-the-mill uncertainties have been pre-empted by express provisions in standard policies, but some facets remain troublesome or yet unexplored. This article aims to survey the entire field of beneficiary nominations and to map a course for negotiating questionable or uncharted areas.


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