Troy, lives in Asheville, North Carolina and he recently e-mailed me with a question about life insurance: “Is life insurane an asset of the insured”?

Asheville, is the largest city in western North Carolina. In 2007, Asheville was named one of the top seven places to live in the U.S. Asheville and the surrounding mountains are popular in the autumn when fall foliage peaks in October. Asheville was name one of the world’s top 12 must-see destinations for 2007 in Frommer’s travel guide. The city is also known for the lavish Biltmore Estate, th largest privately owned home in America, which attracts over a million visitors each year.

Troy, if the insured is the owner of the insurance policy, yes life insurance is an asset.