Author(s)

Yuming Zhang

Corresponding Author

Yuming Zhang

Abstract

As a special problem in life insurance contract, the subject of interest ownership of policy cash value has been in many academic circles. Even though the Supreme Court has basically made clear the theory of “policy holder first” through the “Judicial Interpretation of Insurance Law (III)”, from a theoretical point of view, it is still in question, including where the value belongs to and whether it can be enforced under the premise of policy holder.

Keywords

Insurance policy; Cash value attribution; Enforcement