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(If the owner is not the a/b or financially responsible spouse/parent the policy is not an available asset to the a/b.) e. Whether the policy is participating or non-participating If this information is not printed on the policy request verification from the insurance company. This must be documented for all policies, regardless of whether the total face value exceeds $10,000. If a/b states face value does not exceed $10,000, do not hold up processing the application, but request verification of whether the policy is participating or non­ participating from the insurance company. f. Face Value Use the original death benefit or the graduated face value table on the original policy when issued. (1) Face value, death benefit: The face value was printed on the original policy when it was issued. If the IMC knows the policy is participating, verification requests to the insurance company should ask for face value minus any dividend additions to face value. (2) Face value includes increases in the face value as part of original policy contract. This is evidenced by a graduated face value table printed on the original policy. (3) Face value does not include: • Additional Face Value purchased with dividend additions • Accidental death (double indemnity) provisions • Term life benefits (riders) on other family members g. Cash Surrender Value (CSV) Document and use the amount in the cash surrender value table printed with the policy, if available, UNLESS (1) The cash surrender value table is out of date; or (2) It is printed on a policy that it is a participating policy. h. If the actual paper policy issued by the life insurance company is NOT available, contact the life insurance company to verify the items listed in a. through g. above. Use the DMA-5155, Verification of Cash Value of Life Insurance, and address correspondence to: Manager, Policy Holder Service Division, 93