Life Insurance Beneficiary Distribution

Summary

Life insurance proceeds are distributed based on the designated beneficiaries in the policy. If both you and your stepdad are listed, the distribution will follow the specified terms or percentages. If no beneficiary is listed, the proceeds may go to the policyholders estate. Review the policy documents for details.

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Lme and my stepdad is on there.
If both you and your stepdad are listed as beneficiaries on the life insurance policy, the proceeds will be distributed according to the percentages or terms specified in the policy.
Do you know the specific percentages or terms mentioned in the policy for each beneficiary?