It is around $10,000. I am about to place my home in a long term nursing home facility which accepts Medicaid. I have to apply for medicaid in order to pay for her room and board. I was told by a friend if I listed her life insurance policy which she has paid for many years that they will take those monies also. The policy is a little over $10,000 she receives social security from my dad and VA aid and attendance monthlly from dad.