If I am the insured on a life insurance policy, what happens if the policyholder and the beneficiary dies?

Would I, as the insured, receive the benefit?

Asked on January 31, 2013 under Insurance Law, Kansas


FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 7 years ago | Contributor

If the beneficiary under your policy dies and there is no beneficiary in the alternative and the policy holder of the life insurance policy dies as well, then under the scenario that you have written about, the life insurance policy then becomes an asset of the estate of the policy holder.

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