HH Insurance Payments
Insurance payments received by the participant are countable as income when any of the following apply:
 
The payment is made payable to the participant and is used for a purpose other than to replace or repair insured items.
Key the IN NR Unearned Income Code in the INC TYP field on UNIC.
The payments are received monthly, bi-weekly, or weekly and are used for a purpose other than to replace or repair insured items.
Key the IN BN Unearned Income Code in the INC TYP field on UNIC.
The payments are used for or intended to meet basic needs(g).
Key the IN BN Unearned Income Code in the INC TYP field on UNIC.
When Short-Term and Long-Term Disability payments are paid by the employer see Leave Pay.
 
WARNING
Insurance payments are not countable as income when the payment is intended to repay a specific bill or debt and is not used for other needs.
Key the IN RR Unearned Income Code in the INC TYP field on UNIC.
Treat an insurance payment that is received as a lump sum as a resource. (See LUMP Sum - LIAS)
 
Insurance payments include, but are not limited to, the following insurance types:
 
Accident Insurance
Critical Illness Insurance
Earthquake Insurance
Flood Insurance
Long-term Disability
Short-term Disability
Wage Insurance
 
EXCEPTION
See specific policies for the following insurance payments:
Life Insurance (See Inheritance)