Does Life Insurance Affect SSI? 
Life insurance can affect SSI if it exceeds the resource limit . What IS allowed in life insurance : Policy or policies with combined face amount of $ 1,500 -LRB- if married , $ 1,500 for each spouse -RRB- $ 1,500 prepaid burial fund -LRB- if married , one for each spouse -RRB- If the person or couple with the burial fund also has life insurance , some of the burial fund may count toward the $ 2,000 limit for an individual or $ 3,000 limit for a married couple . 