The workshop centred around the examination of a recent court case that involved a beneficiary and an insurer. This case provided participants with valuable insights into the intricacies of life insurance underwriting and how life insurance can be perceived as a contractual tool designed to replace future income.
Additionally, it provided an opportunity to revisit the technical aspects related to the use of life insurance contracts for various purposes. These purposes included estate equalization, safeguarding against loans, and serving as a funding mechanism for buy-sell agreements.
Participants had the chance to delve into the details of the court case, gain a deeper understanding of life insurance concepts, and explore the versatile applications of life insurance contracts in different financial scenarios
