If there is no beneficiary named on the insurance policy, then all proceeds would be payable to the Estate of the Decedent. As a result, if you probate the Will as a Muniment of Title (essetially, meaning: evidence of title), you will be entitled to the insurance proceeds. A muniment of title is the simplest way to probate a will as it does not open an administration, but merely serves a title document for all of the Decedent's property.
Hope this helps.
Sincerely,
Kevin Spencer
www.spencerlawpc.com
Answered on Aug 07th, 2013 at 7:08 PM