Whenever I have the initiative, and I play this card, when I deal damage that is sufficient to kill the enemy, and he dies, and he deals enough damage for me to die as well, the card does not activate and does not heal me.
Even when I go only "-1" so with the 3 heal points I become a "2" and escape death, it does not activate and gets ignored.
No cards have been played by the opponent to ignore my card or reduce the healing or any of the sort to affect the result.
But, interestingly enough, when I don't have the initiative and exactly the same scenario happens, the card works and heals me.
Something is bugged in how the card activates based on initiatives, and if it checks that I am dead, it ignores the results of the card, regardless of the opponent being dead or not.
I believe this is not the intention of the card and not described, therefore I believe it's just a initiative check bug, which hopefully can be easy to fix!

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Eredan Kickstarter

Due to this modification : viewtopic.php?f=208&t=27#p22243
The current behavior of the card is correct.
The staff is already aware that this card is now useless when you have initiative.
A possible modification is under study.

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Collectionneur de cartes