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Life Insurance Policy for Sale in California
Listing Information
Attachments
Life Insurance Policy for Sale in California
Minimum Price: $300,000.00
Other Item Info
Item #: cacbke_1588658
Created: 07/17/2014
Category: Business Property > Financial > Insurance Policies
Sale Location: Los Angeles, California
Sale Date: None Set
Created: 07/17/2014
Category: Business Property > Financial > Insurance Policies
Sale Location: Los Angeles, California
Sale Date: None Set
Seller Info
Asa S Hami
Trustee's Attorney
333 S Hope St 35th Fl
Los Angeles, CA 90071
213-626-2311
Trustee's Attorney
333 S Hope St 35th Fl
Los Angeles, CA 90071
213-626-2311
Bankruptcy Info
Description
Sale of Universal Life Insurance Policy, being Policy No. 157226489 with a face amount of $5,000,000 and a duration of 23 years, issued on or about May 7, 2008 by AXA Equitable Life Insurance Company naming Rashel Lameh Navabian as the insured.
Rashel is the insured person under the Policy, is 83 years of age, and is the mother of Bijan Navabian, Bahman Navabian, and Bahram Navabian (collectively, the “Navabian Brothers”). The Navabian Brothers and Shahrad are the named beneficiaries under the Policy.
Insurance Policy Information:
- Policy Number: 157226489
- Type of Policy: Individual Universal
- Insurance Company: AXA Equitable Life Insurance Company
- Issue Date: 2/14/2008
- Outstanding Policy Loans: N/A
- Net Death Benefit: $5,000,000
Financial Overview
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Sale Location
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Los Angeles, CA, 90012
Additional Details
Sale Hearing in “Courtroom 1345”
The Policy is currently in a grace period as a result of the non-payment of Policy premiums for June, July and August, 2014, and shall lapse unless $37,527 in premiums are paid to the issuer prior to August 16, 2014.
Last Date to Respond: 21 days from the date of Service
Date of Service: July 14, 2014