Who Is Primary Beneficiary Of Life Insurance? 
Life insurance is an indemnification product used in defensive planning to protect the beneficiaries from economic loss due to the death of the policy insured . The first line of indemnification is protecting the primary beneficiary , the one who would suffer the greatest of financial repercussions . In a marriage for example , the spouse of the insured would be first position , primary beneficiary , the children of the marriage could be contingent beneficiaries . 