Insurance Questions


QWhat happens if the Beneficiary died before policy holder?

my grandfather passed a month ago and has six children, two went through what my mother four , is one of the children who died it was the third son, but she was in her life insurance policy with everyone else. My question is since she is no longer alive would be his part in politics to go to your next Kean or just pass.
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4 answers.
#1 ﹏ 1s, Answered at 2012-05-10 01:13:05
The policyholder has the right to change the beneficiary .
#2~tundra women~ Answered at 2012-05-12 12:10:28
Then, the contingent beneficiary is paid .

If no contingent beneficiary , then the estate of the deceased gets the money , and is used to pay all debts of the estate, and then transferred to the legal heirs according to the Will . If there is a will, a probate judge will distribute the estate to the legal heirs .

No, what was your part , will not go to their families.
#3?? Brandy Ï„-Answered at 2012-05-24 18:23:51
That depends on how the designation of beneficiary of the policy is written. Generally, if multiple primary beneficiaries and one or more die before the insured , the remaining beneficiaries split the profit.
#4SkylaAnswered at 2013-01-03 02:13:24
be divided among the beneficiary indicated in the policy
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