Do I Need A Will For Life Insurance? 
No , not necessarily . A Life Insurance policy is a contract between you , as the owner and insured , and the insurance company . In it , you decide to whom you want the proceeds paid upon your death . This is the Primary Beneficiary . You may also name a Contingent Beneficiary who would receive the proceeds if for some reason your Primary could not . Though certainly recommended for financial planning purposes , a Will is not necessary to manage any of the elements of a Life Insurance policy . Of course , you should check with your Attorney and ask about any legal questions regarding this . 