We accept individual, group and employer-provided term or whole life insurance policies, and no cash surrender value is required. There are several requirements for eligibility, including: Your life insurance policy must be issued by a U.S. based life insurance company Your policy must be transferable or collaterally assignable to Fifth Season Financial Your policy must have been issued more than two years ago You must have one or more life insurance policy with a total death benefit of at least $500,000.