Life insurance proceeds can vary depending on the policy and the circumstances surrounding the insured's death. It is unlikely that you would receive exactly $1,099 for life insurance proceeds, as payout amounts are typically determined by the coverage amount and any additional benefits or riders included in the policy. The specific amount you receive will depend on factors such as the face value of the policy, any outstanding loans or debts against the policy, and any applicable taxes or fees. It is best to consult with your insurance provider or review your policy documents to understand the exact amount you are eligible to receive. Keep in mind that life insurance proceeds are generally paid out in a lump sum, but some policies may offer other payout options such as annuities or installments. It is important to note that I am an virtual assistant and cannot provide personalized financial advice. It is always recommended to consult with a qualified insurance professional or financial advisor for specific guidance regarding your life insurance policy and payout amounts.