Community Homepage
Discussions
Categories
Quicken for Mac
Quicken Lifehub
Quicken Mobile
Quicken on the Web
Quicken for Windows
Support
Quicken Classic
Quicken Simplifi
Getting Started
Community Training FAQs
Using and Improving the Community
Connect and Engage
Announcements & Alerts
Announcements
Alerts, Online Banking & Known Product Issues
Product Ideas
Beta
Home
Quicken Classic for Windows
Download, Add/Update Accounts (Windows)
what is the best account type to place cash value life insurance under assets
MDERMAN
i have a cash value life insurance policy - just not sure how to catagorize it.
Thanks.
Find more posts tagged with
Accepted answers
All comments
Tom Young
If it's a simple whole life policy or other sort of non-indexed policy where the cash component grows due to your premiums and interest I'd probably just set up a generic "asset" Account. I'd probably use the generic asset Account for other cash value policies that contain an "investment" element, though I suppose an "investment" Account could also be used, though insurance isn't generally viewed as an investment in the conventional sense.
MDERMAN
It looks like Quicken just added "other investment" as an account option in the release I updated yesterday. I think I will use that. Thank you.
Quick Links
All Categories
Recent Posts
Activity
Unanswered
Help
Best Of
