What Do I Do With A Life Insurance Payout? 
I guess if you 're asking that question , the first thing you should do is put any payout in a savings account and let it sit until you 've investigated your options completely . You will earn some minor interest on the amount , but the amount will be safe while you sort out your options . Do n't rush and do n't spend money on things until you 've thought them through completely . I 've seen people blow through ten years of income in a year and really have nothing to show for it by the start of year two . If you 're in that situation , take your time , think and go slow . 