TN 7 (03-02)

GN 00602.050 Insurance/Burial Contract Premiums

POLICY

The purchase of life insurance policies or pre-paid burial contracts is an acceptable use of benefits unless premiums greatly diminish funds available, there is a conflict of interest (such as, the payee is an undertaker), or an institution/agency payee would normally use funds from another source to purchase such a policy or contract for a non-beneficiary.


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0200602050
GN 00602.050 - Insurance/Burial Contract Premiums - 03/05/2002
Batch run: 01/27/2009
Rev:03/05/2002