If the beneficiary of life insurance is passed where does the money go? 11 Answers as of June 28, 2011

If the beneficiary is gone for a life insurance policy does it roll over to the estate

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Majors Law Firm, P.C.
Majors Law Firm, P.C. | M. Jason Majors
If the primary beneficiary of the life insurance policy predeceases the insured, then you would look to see whether there is a contingent beneficiary listed. If there is no contingent beneficiary listed, then the insurance policy would most likely provide where the insurance proceeds would go, which is usually payable to the estate of the deceased insured.
Answer Applies to: Wyoming
Replied: 6/28/2011
Law Offices of Mark Lewis & Associates, PC
Law Offices of Mark Lewis & Associates, PC | Andrew C. Spitler
Unless contingent beneficiaries have been named on the policy then the proceeds would be payable to the estate.
Answer Applies to: Arizona
Replied: 6/28/2011
The Coyle Law Office
The Coyle Law Office | T. Andrew Coyle
Generally, yes, it does roll over to the Estate, so long as the deceased was also the owner of the policy. It also depends if there were contingent beneficiaries named in the policy.
Answer Applies to: Illinois
Replied: 6/28/2011
Burnham & Associates
Burnham & Associates | Stephanie K. Burnham
If there is no contingent beneficiary and the beneficiary passes before the insured then the policy will pass to the Insured's Probate Estate.
Answer Applies to: New Hampshire
Replied: 6/28/2011
Martinson & Beason, PC
Martinson & Beason, PC | Douglas C Martinson II
If the primary beneficiary is deceased, the proceeds would go to the secondary beneficiary. If no secondary beneficiary was named, it would go according to the terms of the policy. Most policies provide that it would go to the estate, however, some state it would go to the surviving spouse or children.
Answer Applies to: Alabama
Replied: 6/28/2011
    Law Offices of Timothy G. Kearney, LLC
    Law Offices of Timothy G. Kearney, LLC | Timothy G. Kearney
    The disbursement should be controlled by the policy itself. There should be a provision for this occurrence.
    Answer Applies to: Connecticut
    Replied: 6/28/2011
    The Schreiber Law Firm
    The Schreiber Law Firm | Jeffrey D. Schreiber
    In most states, if there is no alternative beneficiary named in the policy, then it would go to the estate of the deceased beneficiary.
    Answer Applies to: California
    Replied: 6/28/2011
    Law Offices of Brian Chew
    Law Offices of Brian Chew | Brian Chew
    Yes, if the beneficiary of a life insurance policy passes away it the money will revert to the estate of the insured (not the beneficiary).
    Answer Applies to: California
    Replied: 6/28/2011
    Apple Law Firm PLLC
    Apple Law Firm PLLC | David Goldman
    If there is no backup beneficiary on a Life insurance contact, the terms of the contract would determine where the money goes. Typically it will be to the person's estate.
    Answer Applies to: Florida
    Replied: 6/28/2011
    Ashman Law Office
    Ashman Law Office | Glen Edward Ashman
    Depending on the language of the policy, usually yes.
    Answer Applies to: Georgia
    Replied: 6/28/2011
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