Can You Pay Life Insurance Premiums With Hsa? 
No , you can not pay life insurance premiums with HSA . According to Publication 969 of the IRS , Heath Savings Account funds can only be used for Long Term Care insurance premiums , -LRB- within limits -RRB- ; COBRA health insurance premiums or health care premiums paid while receiving unemployment compensation -LRB- including premiums for spouse or dependents -RRB- ; and premiums to pay Medicare if age 65 + -LRB- but not premiums for Medicare Supplemental policies -RRB- . 