What type of life insurance policies qualify?

  • Minimum age of insured: 65 years old for healthy insureds or any age for terminally ill insureds
  • Minimum life insurance policy size: $50,000
  • Life insurance policy must be beyond contestability period
  • Policy types: Universal Life, Whole Life, Variable Universal Life, Term & Convertible Term policies, Group policies and COLI (Corporate Owned Life Insurance)
  • Insurance carrier rating: USA based carrier with B+ or better rating from S&P (or comparable)
  • Second to die policies are eligible.