why is some of our insurance regarded as an asset?

twinkiedooter · Apr 13, 2008, 02:09 PM

It depends on what kind of insurance you have. Certain life insurance policies can be considered an asset if they have a cash value. Other life insurance policies such as term life would not be considered an asset as they have no cash value.



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!