Idaho Admin. Code r. 16.03.05.281
Current through September 2, 2024
A life insurance policy is an excluded resource if its face value, plus the face value of all other life insurance policies the participant owns on the same insured person, totals one thousand five hundred dollars ($1,500) or less. If the face values exceed one thousand five hundred dollars ($1,500) the policies are a resource in the amount of the cash surrender value.
Idaho Admin. Code r. 16.03.05.281