Cestui Que Vie
Updated: 20 October 2024
What Does Cestui Que Vie Mean?
Cestui que vie is a legal term for the person entitled to receive the proceeds of a life insurance policy upon the death of the insured.
This term is considered outdated; today, a cestui que vie is referred to as the beneficiary of a life insurance policy.
Insuranceopedia Explains Cestui Que Vie
Cestui que vie is derived from the broader concept of cestui que, a term that designates a person entitled to an estate held in trust, granting them an equitable right to all rents, issues, and profits generated from that estate. The term cestui que has been superseded by the modern legal term “beneficiary.”
Cestui que vie specifically refers to a cestui que concerning a person’s life, meaning the beneficiary of a life insurance policy.
Related Definitions
Related Terms
Related Articles
The Key Elements of an Insurance Contract
The Future of Insurtech: How Technology is Transforming the Insurance Industry
Inside the Details of Auto Transport Insurance: An Expert Interview
Expert Insights: The Ins and Outs of Moving Insurance
Interview With Todd Taylor On Strategizing Large Group Health Insurance
Related Reading
Revealing the Most And Least Popular U.S. Insurance Companies
How to Get Into the Insurance Industry With a Finance Degree