WARNING
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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.
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Key the IN RR Unearned Income Code in the INC TYP field on UNIC.
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Treat an insurance payment that is received as a lump sum as a resource. (See LUMP Sum - LIAS)
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EXCEPTION
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See specific policies for the following insurance payments:
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●Life Insurance (See Inheritance)
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