Cestui Que Vie
Definition - What does Cestui Que Vie mean?
Cestui que vie is a legal term for the person who will be entitled to the proceeds of a life insurance after the death of the insured.
This term is considered outdated. A cestui que vie is now referred to as the beneficiary of a life insurance policy.
Insuranceopedia explains Cestui Que Vie
Cestui que vie is a derivative of the broader concept of cestui que. Cestui que is a term that designates the person who is entitled to an estate held in trust, and has an equitable right to all rents, issues, and profits earned from the estate. Cestui que has been superseded by the modern legal term "beneficiary."
Cestui que vie essentially refers to a cestui que with respect to a person's life. In other words, the beneficiary to a life insurance policy.