Can you have life insurance while on welfare?

While it depends on the welfare system and it's rules in particular it could be possible. It would depend most likely on your ability to afford the premiums. If you budgeted carefully you could be able to afford it. read more

Finally the insurance company might not want to offer a policy while you were on welfare. If you already have a policy and continue making premiums they would be obliged to keep you, but if you were going to to buy a new policy and had any pre-existing conditions you would not have coverage for death from those conditions, or they would not offer cover at all. read more

Buying life insurance while receiving SSI disability can be tricky, even if it’s just a back issue. We have some highly rated insurance partners which should be able to help. One of our agents has reached out to you. read more

In most cases, a life insurance policy doesn't count as an"asset." Likewise, the value of the car that you own probably won't be applied towards your resource limit. However, the value of your home may be counted as a separate resource. read more