Section 3-4.5. Insurance proceeds from specific disposition not subject to  


Latest version.
  • ademption
        Where insurance proceeds from property which  was  the  subject  of  a
      specific disposition are paid after the testator's death, such proceeds,
      to  the  extent  received by the personal representative, are payable by
      him to the beneficiary of such disposition; and such proceeds retain the
      character of a specific disposition for all  other  purposes,  including
      12-1.2 and 13-1.3.