How is the death benefit disbursed?

Published April 21, 2015

The insurer will disburse a life insurance policy's entire death benefit in one payment directly to the beneficiary.

In cases where there are multiple beneficiaries, the insurer will split the death benefit according to the instructions you've left in your contract, but otherwise still pay each recipient a lump sum.

Get essential money news & money moves with the Easy Money newsletter.

Free in your inbox each Friday.

Easy Money phones image