What Happens To Life Insurance If There Is No Beneficiary? 
Please do not let this happen ! You want life insurance to provide benefits to those you love . And it avoids the time and expense of probate . But if you do not have a beneficiary , or they all die before you , the funds go into your estate , and thus into probate court , taking a large percentage for the state and legal fees , along with time , as much as years or at least months . Just name several sets of contingent beneficiaries to prevent this . I always make sure my clients take this step to protect their assets . It is what a good agent will always do . Gary Lane , 949 797 2424 . New York Life Agent . 