Topic : Parties – Beneficiaries
In his lifetime, Jose Consuegra contracted two marriages, the first with herein respondent Rosario Diaz, out of which two children were born, and the second which was contracted in good faith with herein petitioner Basilia Berdin. When Consuegra died on September 26, 1965, the proceeds of his life insurance under policy No. 601801 were paid by the GSIS to petitioner Basilia Berdin and her children who were the beneficiaries named in the policy. However, Consuegra failed to designate any beneficiary who would receive the retirement insurance benefits from GSIS.
Respondent Rosario Diaz, the widow by the first marriage, filed a claim with the GSIS asking that the retirement insurance benefits be paid to her as the only legal heir of Consuegra. Petitioner Basilia Berdin and her children, likewise, filed a similar claim with the GSIS, asserting that being the beneficiaries named in the life insurance policy of Consuegra, they are the only ones entitled to receive the retirement insurance benefits.