Exempt any part of an insurance payment due to a loss from an accident, fire, or flood that:
The client must provide proof of the expenditures or contract to spend the monies.
Examples of expenditures include, but are not limited to:
The amount of a life insurance death benefit used to pay for funeral, burial, or medical expenses of the deceased is exempt as lump sum income. To exempt the money, the client must provide proof that they spent the money within 60 days of receipt.
Budget as lump sum income any money that was not spent or contracted to be spent by the end of the 60-day period (see PM 10-05-00).
Illinois Department of Human ServicesJB Pritzker, Governor · Grace B. Hou, Secretary
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