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Face amount definition


Glossary Of Life Insurance Terms - Department of Financial Services

Face Amount - The amount stated on the face of the policy that will be paid in case of death or at the maturity of the policy. It does not include ...

Understanding Your Insurance Policy | Department of Insurance, SC

Similarly, the Declarations Page of a life insurance policy will include the name of the person insured and the face amount of the life insurance policy (e.g. ...

What Is the Face Value of a Life Insurance Policy? - The Balance

It's the amount of death benefit purchased, which indicates the amount of money the policy will pay to the beneficiary or beneficiaries when the ...

Glossary of Insurance Terms - California Department of Insurance

The amount of money an insurance company charges for insurance coverage. Premium Financing: A policyholder contracts with a lender to pay the insurance premium ...

Face Value - Overview, Significance, - Corporate Finance Institute

Face value is the amount displayed on a banknote, bill, or certificate. Its numeral amount always remains constant unless the instrument is broken into pieces, ...

Face Amount Definition and Legal Meaning

The term "face amount" is commonly used in the financial and insurance sectors. It refers to the original amount due without any interest, on a promissory note ...

INSURANCE CODE CHAPTER 1151. INDUSTRIAL LIFE INSURANCE

DEFINITION. In this ... (2) less often than weekly but at least monthly, if the face amount of insurance coverage provided by the policy is $1,000 or less.

face amount - Spanish English Dictionary - Tureng

Meanings of "face amount" with other terms in English Spanish Dictionary : 7 result(s) ; 1, Business, face-amount certificate ; 2, Business, face-amount ...

Life Insurance Face Value (Terms Explained) | QuickQuote.com

Just remember that life insurance face value is the amount of death benefits you chose for your policy. Take advantage of our term life ...

Variable Life Insurance | Investor.gov

Define Your Goals · Diversify Your Investments · Figure Out Your ... the face amount plus the amount of premium payments you contributed to your policy.

Definition of face value - AllBusiness.com

nominal amount of a debt obligation (e.g., note, bond, mortgage) or equity security as stated in the instrument. It excludes interest and dividends.

definition of face-amount certificate company by Mnemonic Dictionary

MnemonicDictionary.com - Meaning of face-amount certificate company and a memory aid (called Mnemonic) to retain that meaning for long time in our memory.

Face value - Definition - The Economic Times

It is also termed the equity share capital per share. On the other hand, the issue price is equal to the sum of the face value of any claim and the premium on ...

corporate finance | Glossary definition : Face value - Vernimmen

The face Value of a loan is a relatively formal Value used to calculate Interest payments. In the simplest cases, it equals the amount of money the issuer ...

OCI State Life Insurance Fund Glossary of Terms

Face Amount: The amount stated on the insurance policy that will be paid in the event of death. It does not include dividend additions or ...

Face Value Definition for Loans | What is Face Value? | Rate

The face value of a home loan refers to the principal of the mortgage — in other words, the total amount of your loan before adding in other ...

Definition of face value in Accounting. - FTP Directory Listing

When a bond is issued at a premium, that means that the bond is sold for an amount greater than the bond's face value. A liability, titled "bond payable," must ...

Today's #WordOfTheDay is: Face Amount. Watch this video to learn ...

Today's #WordOfTheDay is: Face Amount. Watch this video to learn the definition! Get to know over 200 insurance definitions on our Word of ...

Face Amount - Payroll Heaven

The amount stated on an insurance policy, to be paid upon death or maturity. Cite Term. Sources. What is the dictionary definition of Face ...

FACE VALUE Synonyms: 16 Similar Words - Merriam-Webster

Synonyms for FACE VALUE: price, fee, cost, rate, value, list price ... noun · Definition of face value. Get Custom Synonyms. Enter your own ...