Who Gets Life Insurance If Beneficiary Is Dead? 
A life insurance policy or an annuity will allow you to have multiple beneficiaries , which you can change when and if you need to -LRB- death of a beneficiary , divorce and so on -RRB- . You should always have more than one beneficiary . Sometimes though it may be hard to think of more than 1 beneficiary , so the answer to the your question of who would get the proceeds of your life policy if the beneficiary is dead and you pass away is , your estate . Your estate consists of all of the property and savings you own and will be dispersed according to your will . If you have no will then the Probate Court can decide who of your relatives will receive your estate . 