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Need way to track Life Insurance Asset Value (vs Premiums)
Life Insurance products like Term Life Policy and Cash Value Policy are Assets with expiry dates and values like $500k or $1Million even though the premium paid could be like $50/mo or $1000/mo etc. There should be a way to track the value of these as Assets, instead of categorizing these as Expenses, or instead of having to create Assets and Expenses separately. There should also be alerts if the expiry date is getting nearby, so user won't forget to extend these policies as needed. Thank you for considering this!