Ssi Eligibility And Life Insurance

Summary

Life insurance policies are not counted as assets for SSI eligibility in Virginia. However, the cash surrender value of these policies could be considered a resource if it exceeds the SSI resource limit of $2,000 for an individual.

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if I were over * worth of life insurance policy does this mean that i'll be denied benefits? I have literally no other assets
In Virginia, the Social Security Administration does not count life insurance policies as assets for SSI eligibility. However, the cash surrender value of life insurance policies could be considered a resource if it exceeds the SSI resource limit ($*,* for an individual).