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Life Insurance Policy for Sale

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Listing Information

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Life Insurance Policy for Sale



Price: $263,000.00


Other Item Info
Item #: alnbke_673146
Created: 02/29/2020
Category: Business Property > Financial > Insurance Policies
Sale Date: None Set
Seller Info
Frederick Garfield
Debtor's Attorney
505 North 20th Street 1200 Financial Center
Birmingham, AL 35203
205-581-6259
Bankruptcy Info
Case #: 2:19-bk-01846
Court: Alabama Northern Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of the co-seller's talcott universal life policy, and more described as below:

  • Insurance Company: Hartford administered by Talcott Resolution Life and Annuity Insurance Company ("Talcott Universal Life Policy")
  • Life Insurance Policy No.: IU3160922
  • Death Benefit: $5,000,000 on the life of Robert Fletcher Stanford
  • Beneficiary: Frances S. Stanford
  • Cash Value: $0.00 as of the Chapter 11 Filing Date
  • Value of Subject Policy: $1.00 as of the Chapter 11 Filing Date
  • Policy Issuance Date: October 4,2012

Other Information

Terms and Conditions:

See Attached.


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