The Commercial Code of Japan

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If the person to receive the sum insured dies, or his relation to the insured no longer exists, the preneur may appoint another person to receive the sum, or require the amount accumulated 3 for the insured to be paid back.
If the preneur dies without having exercised the rights mentioned in the last paragraph, the insured is to receive the sum insured.
1 In order to know who is heir, it is necessary to have a clear knowledge of the organization of a Japanese family. A Japanese family is much m
...ore complicated than a European or American family. It consists of a head, his spouse and his relatives, who are living in his house. Sons or even grandsons with their wives usually live with their parents or grand- parents. The head of the family is responsible for supporting all the members of the family and at the same time has certain power over them.
The head of the family may be compared to the king of a monarchical government. When he dies, he is succeeded by one heir. This heir is fixed by law according to the following rules : 1.


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