The table below describes the Investments in Policies account at February 28, 2013.
Policies With Remaining Life Expectancy (in years) |
Number of Interests in Life Settlement Contracts |
Carrying Value |
Face Value |
|||||||||
0-1 | 1 | $ | 3,506 | $ | 18,181 | |||||||
1-2 | 0 | - | - | |||||||||
2-3 | 14 | 663,432 | 1,018,541 | |||||||||
3-4 | 3 | 77,139 | 139,791 | |||||||||
4-5 | 8 | 1,031,034 | 2,109,905 | |||||||||
Thereafter | 119 | 553,894 | 3,131,345 | |||||||||
Total of all policies | 145 | $ | 2,329,005 | $ | 6,417,763 |