Can You Claim On Two Life Insurance Policies? 
It would be pointless to have more than one life insurance policy if the beneficiaries could only claim on one . So yes , as Peggy said above here a beneficiary may file claims on as many policies they are named as beneficiary on . Now if you are the owner of multiple `` cash value '' policies such as Whole Life or Universal Life and there is cash value accumulated in them , you may also take loans or surrender value from as many as you own and have cash values in . Life insurance is a vehicle for benefits . It 's kind of like having more than one car or truck . If they 're yours you can drive whichever one you want . 