Life Insurance does not directly impact Social Security benefits. Social Security benefits are based on your earnings history and the amount you have contributed to the Social Security system over your working years. Life Insurance is a separate financial product that provides a death benefit to your beneficiaries upon your passing. The two are not directly related. However, it is important to note that certain types of Life Insurance policies, such as whole life or cash value policies, may have a cash value component that could potentially impact eligibility for certain need-based government programs, including Supplemental Security Income (SSI). It is recommended to consult with a financial advisor or an insurance specialist to understand the specific implications of your Life Insurance policy on government benefits.