Who Is Primary Beneficiary Of Life Insurance? 
The primary beneficiary of a life insurance policy is the one who would receive the money if the insured person passed away . There can be more than one primary beneficiary , with each one getting a certain percent of the death benefit . If the primary beneficiary is deceased , the money is split between the other primary beneficiaries . If there are no other primary beneficiaries , the death benefit then goes to the contingent beneficiaries . 