What Happens To Life Insurance With No Beneficiary? 
If there is no beneficiary or contingent beneficiary then the policy proceeds are payable to the estate of the insured . The proceeds will have to be probated and if there is no will the proceeds will divided according to state/provincial legislation . This is the reason it is important to keep your beneficiary information up to date . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . 