So What Happens to Your Life Insurance After You Die? So What Happens to Your Life Insurance After You Die? Life insurance is designed to provide financial protection for your loved ones in the event of your death. After you die, your life insurance policy will provide a death benefit to your designated beneficiaries. Here's what you need to know about what happens to your life insurance after you die. 1-Beneficiaries are notified When you purchase a life insurance policy, you'll designate one or more beneficiaries who will receive the death benefit if you die. After you die, the insurance company will contact your beneficiaries to notify them of the death benefit and provide instructions on how to file a claim. The beneficiaries will need to provide a copy of the death certificate and other necessary documents to the insurance company to receive the death benefit. 2-The insurance company investigates the claim Once the beneficiaries file a claim, the insurance company will in...
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