If a contingent beneficiary is not named and the primary beneficiary predeceases the insured, the insurance company will generally divide the benefits among the insured's spouse and children in the manner specified within most insurance policies.

Question

Quizplus · Accepted Answer

If a contingent beneficiary is not named and the primary beneficiary predeceases the insured, the death benefit typically goes to the insured's estate, not automatically divided among the spouse and children unless specified by the policy or state law.

If a Contingent Beneficiary Is Not Named and the Primary