24 Sept 2015
YIP WAI FAN (MINOR), BY HER MOTHER AND NEXT FRIEND HE XIANNA v. YIP TSZ BUN AND YIP WAI KEI, THE PERSONAL REPRESENTATIVES OF THE ESTATE OF YIP YAN CHOI, DECEASED
- Citation
- YIP WAI FAN (MINOR), BY HER MOTHER AND NEXT FRIEND HE XIANNA v. YIP TSZ BUN AND YIP WAI KEI, THE PERSONAL REPRESENTATIVES OF THE ESTATE OF YIP YAN CHOI, DECEASED
- Court
- District Court
- Case number
- DCCJ301/2015
On construction of section 13 MPSO the group life policy, though effected by the employer and containing other benefits, was expressed to confer a benefit on the insured's child and therefore created a statutory trust over the moneys payable on the insured's death; no serious triable issues of fact existed and summary judgment was appropriate, resulting in a declaration that the defendants hold the Policy Moneys on trust to pay 20% (1/5) to the plaintiff and an order for payment of HK$122,375.80 with interest.