No. of Recommendations: 0
Here's what I information I have on the value of the policies:

Base Policy 1 (as of 7/9/18)
Face Amount $5000
Basic Cash Value $4336
Total Loan $4539.81
current NGE accumulate $132.90
Accumulated at Interest: $132.90
Interest earned $118.80
Total accumulated at interest $4211.84
Loan interest due on this date $216.18 (not paid)

Base Policy 2 (as of 7/9/18)
Face amount $5000
Basic Cash Value $4394.15
Total Loan $5328.24
Current NGE accumulate $157.05
Accumulated at interest $157.05
Interest earned $134.90
Total Accumulated at Interest $4788.57
Loan interest due on this date $253.73 (not paid)

Base Policy 3 (as of 8/23/18
Face Amount $5559.00
Basic Cash Value $4894.36
Total Loan $6956.61
Current NGE Accumulate $173.77
Accumulated at Interest $173.77
Interest earned $146.49
Total Accumulated at Interest $5203.18
Loan interest due on this date $331.27 (not paid)
I also have a net cash surrender value of $2849.37 listed for this loan (as of 7/19/18)
Issue date 8/23/1956 maturity date 8/23/2028
This is the one I have paperwork showing the 5% interest rate.

I have no clue what any of this means. Tried adding and subtracting six ways to Sunday and can't figure out how they get any of these figures.

As I said, I know _nothing_ about life insurance.

Currently, dad's nursing home bills are being covered by his VA benefit and his medicaid. His pension, SS and any excess VA benefit is paying for my mothers expenses and the home expenses. Somehow we seem to be coming out ahead. Don't ask me why. I keep waiting for the other shoe to drop. :P

The equity loan has recently gone from 4% to 6.30%. So that should be the priority till the house is sold. (hopefully for more than we owe on the equity loan) approx $50,000. The trick is going to be selling the house for more than what we owe, without spending a fortune for repairs.

There are other debts. Some are limited time 0%. It's going to be a big balancing act for a while. Which is why I'm trying to gain as much information as possible.

Lady Ianna
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