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.