INVESTMENTS IN POLICIES (Tables)

12 Months Ended

Feb. 28, 2014

The table below describes the Investments in Policies account at February 28, 2014.

Policies With Remaining Life Expectancy (in years)	Number of Interests in Life Settlement Contracts		Carrying Value		Face Value
0-1		1	$	3,506	$	18,182
1-2		18		300,866		1,030,059
2-3		1		12,590		103,345
3-4		7		303,684		690,786
4-5		5		1,102,156		2,078,086
Thereafter		178		518,344		2,923,413
Total of all policies		210	$	2,241,146	$	6,843,871

Estimated Premiums to be Paid to Keep Life Settlement Contracts in Force

Estimated premiums to be paid for each of the five succeeding fiscal years to keep the policies in force as of February 28, 2014, are as follows.

Year 1	$	247,152
Year 2		328,994
Year 3		278,148
Year 4		237,983
Year 5		216,352
Thereafter		1,623,554
Total estimated premiums	$	2,932,183

- Definition

Tabular disclosure of life settlement contracts based on the remaining life expectancy for each of the first five succeeding years from the date of the statement of financial position and thereafter, as well as in the aggregate including: (a) the number of life settlement contracts, (b) the carrying value of the life settlement contracts, and (c) the face value (death benefits) of the life insurance policies underlying the contracts, and (d) the life insurance premiums anticipated to be paid for each of the five succeeding fiscal years to keep the life settlement contracts in force as of the date of the most recent statement of financial position presented.

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