New York Consolidated Laws, Estates, Powers and Trusts Law - EPT § 3-4.5 Insurance proceeds from specific disposition not subject to ademption

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.