Give a brief note on Presumption of death and disappearance

Presumption of death and disappearance: When a person leaves his usual place of residence and is neither heard or nor known to be living for a term of seven years, the person is presumed to be dead. Therefore if (1) an insured disappears for a period of seven years and (2) the absence is unexplained, the insurance company may be required to pay the policy death proceeds. The issue usually revolves around the second of the two conditions.