Section 6 of MWPA : Section 6: Insurance By Husband For Benefit Of Wife

MWPA

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Explanation using Example

Example Application of Section 6 of The Married Women's Property Act, 1874:

John, a married man, purchases a life insurance policy and designates it explicitly for the benefit of his wife, Linda, and their two children. The policy clearly states on its face that in the event of John's death, the proceeds are to be used for Linda and the children's welfare. Several years later, John incurs significant debts due to a fail...

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