What typically happens to the death benefit proceeds if a beneficiary dies before the insured, according to standard policy provisions?

If a beneficiary dies before the insured, standard policy provisions commonly dictate that the death benefit proceeds will be paid to a contingent beneficiary if one has been designated. This means that the insurance policy may allow for an alternate beneficiary, ensuring that the policy proceeds do not revert to the insured's estate or remain in limbo. Naming a contingent beneficiary provides clarity and security for the insured, as it prepares for the possibility of the primary beneficiary's death and avoids potential complications during the claims process. This provision helps ensure the intended parties receive the benefits in a timely and efficient manner.