3.6 Persons Entitled to Payment

1. The nominee — the life policy's named recipient (the nomination's registered name — the Insurance Act's nominee faces; the nominee's trusteeship-or-benefit debate — the succession law's interface: the nominee's position vis-a-vis the heirs).2. The assignee — the policy's absolute assignee (the assignment's priority over the nomination).3. The insured himself — the maturity-and-surrender faces; the accident benefits (the living claims).4. The heirs — the intestacy's route where no nomination (the succession machinery — the Family Law's world).5. The creditors' faces — the policy's value in the insured's insolvency (the protection's policy debates).