Where Does Life Insurance Money Go? 
If you are asking , what do life insurance companies do with the premiums you pay for your policy , those premiums are put into safe investments like bonds . That money is used to pay operating expenses and to pay death claims . With permanent policies , some premium goes to cash value . In mutual companies , extra earnings might go toward dividends . If you are asking where the life insurance proceeds go when the insured person dies , that money goes to whatever beneficiary they had designated in their policy . 