{"data":{"id":"us-ct/conn.-gen.-stat.-45a-499l","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 45a-499l","heading":"Insurable interest of trustee.","body":"A trustee has an insurable interest in the life of an individual insured under a life insurance policy that is owned by the trustee or that designates the trust itself as the owner if, on the date the policy is issued:\n(1) The insured is: (A) A settlor of the trust; or (B) an individual in whom a settlor of the trust has, or would have had if living at the time the policy was issued, an insurable interest; and\n(2) The life insurance proceeds are primarily for the benefit of one or more trust beneficiaries who have: (A) An insurable interest in the life of the insured; or (B) a substantial interest engendered by love and affection in the continuation of the life of the insured and, if not already included under subdivision (1) of this section, who are: (i) Related within the third degree or closer, as measured by the law of this state for determining degrees of relation, either by blood or law, to the insured; or (ii) stepchildren of the insured.","path":["TITLE 45a. PROBATE COURTS AND PROCEDURE","CHAPTER 802c*. TRUSTS","PART IIa. CONNECTICUT UNIFORM TRUST CODE"],"source_url":"https://www.cga.ct.gov/current/pub/chap_802c.htm#sec_45a-499l","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:15Z","sha256":"83a507420a3431c1d28f88cd9c4ef1fb884553f74eddfecc93db7ba9878f34fb","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-45a-499k","next":"us-ct/conn.-gen.-stat.-45a-499m"},"notice":"GroundRules: Original legal text. Not legal advice."}