Can you receive social security disability benefits even though you have a life insurance policy?

Yes, you can receive Social Security Disability Insurance (SSDI) benefits even if you have a life insurance policy. SSDI eligibility is primarily based on your work history and the severity of your disability, not on your financial assets or life insurance coverage. However, if you have a cash value life insurance policy, the cash value may be considered when assessing your financial resources for other assistance programs, such as Supplemental Security Income (SSI). Always consult with a professional for personalized advice regarding your specific situation.