ADVOKS GLOBAL · KENYA
Insurance Act
108. Effect of notice of trust
Edition: 2023-12-11 · In force
108. Effect of notice of trust
(1)Notwithstanding anything contained in section 107, an insurer shall not be entitled to any protection under that section or to rely upon any of the provisions of that section if the insurer has not acted in good faith or has received express notice in writing of any trust, right, equity or interest of any person.(2)In case of the receipt of any such notice the insurer may pay into the Court any moneys payable under the policy, and the receipt of a Registrar of the Court for the moneys shall be a good and valid discharge to the insurer for the moneys so paid in.(3)The moneys shall be paid out to such person as the Court orders.