There is a newer version
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the New York Laws
2018 New York Laws
EPT - Estates, Powers and Trusts
Article 3 - Substantive Law of Wills
Part 4 - Revocation of Wills and Related Subjects
3-4.5 - Insurance Proceeds From Specific Disposition Not Subject to Ademption
Universal Citation: NY Est Pow & Trusts L § 3-4.5 (2018)
§ 3-4.5 Insurance proceeds from specific disposition not subject toademption
Where insurance proceeds from property which was the subject of a specific disposition are paid after the testator's death, such proceeds, to the extent received by the personal representative, are payable by him to the beneficiary of such disposition; and such proceeds retain the character of a specific disposition for all other purposes, including 12-1.2 and 13-1.3.
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