LIFE INSURANCE (FSM)

SR 94-04 Dated 04/94

Previous Policy

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Life, group, term, and fraternal insurance policies owned by an individual which have no equity value and whose face values are payable only upon the death of the insured.

Treatment: Excluded Resource

Life, group, term, and fraternal insurance policies owned by an individual which have an equity value.*

Treatment: Excluded Resource

 

References: RSA 161:2, XIII; RSA 161:4-a, IV; RSA 167:4, I(a); RSA 167:7, IV; 7 CFR 273.8(e)(2)