How much of the death benefit will the contingent beneficiary receive if both primary beneficiaries die before the insured?

In the scenario where both primary beneficiaries die before the insured, the contingent beneficiary will typically not receive any death benefit if there is no stipulation in the policy stating otherwise. This is because a contingent beneficiary is intended to receive the benefit only if the primary beneficiaries are unable to do so due to their premature death relative to the insured.

If both primary beneficiaries are deceased by the time the insured passes away, the contingent beneficiary's status does not automatically entitle them to any portion of the death benefit unless the policy explicitly states provisions that would allow for a payout to a contingent beneficiary under those circumstances. Policies usually specify the order of beneficiaries and how benefits are distributed, so without primary beneficiaries alive at the time of the insured's death, the benefit may revert to the insured’s estate or be distributed according to the terms outlined in the policy.

Thus, the correct conclusion is that the contingent beneficiary would not receive any amount.