05-02-2013 05:33 AM
05-02-2013 06:32 AM
I think it is an asset certainly. I am not an accountant however.
05-02-2013 06:35 AM
If there is a cash surrender value, I would include that amount and nothing else.
When did Amex start asking for assets? This must be recent.
05-02-2013 06:41 AM
Yeah that is what I was thinking.
05-02-2013 06:58 AM
I would think it is definitely an asset if it is a whole life policy with cash value. I wouldn't think term would be an asset.
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