In re Newburgh (Deceased) Official Assignee v Newburgh - [1940] NZLR 57

Insurance — Life — Protected and Mortgaged Policies — Bankrupt Policy-holder subsequently dying — Whether Statutory Protection continued after his Death so as to make Protected Policies his Assets free from Liability for Debts — "Amount of Insurance" — Residual Interest in Policies after repayment of Security thereon — Whether Right to make Selection passed to Personal Representative of Deceased Policy-holder — Method of Exercise of such Right — Life Insurance Act, 1908, ss 65, 66 — Life Insurance Amendment Act, 1925, s 3.