Face amount definition
face amount | Wex | US Law | LII / Legal Information Institute
Often used in the context of life insurance, the face amount refers to the stated amount of money payable to the deceased's beneficiaries at the time of loss or ...
Face Amount of Life Insurance | Aflac
The face value of life insurance is the dollar amount equated to the worth of your policy. It can also be referred to as the death benefit or the face amount ...
Meaning of face amount in English - Cambridge Dictionary
FACE AMOUNT meaning: 1. the amount of money that is paid out on an insurance policy if the person insured dies or when…. Learn more.
Face Amount - Definition and Examples - Capital for Life
Face Amount is the death benefit guaranteed by a life insurance policy, defining the payout to beneficiaries. Learn its critical role in financial planning.
Face amount Definition & Meaning | Merriam-Webster Legal
The meaning of FACE AMOUNT is the amount of money payable under an insurance policy at the time of a loss.
Face Amount Charge - Definition and Examples - Capital for Life
Face Amount Charge refers to a fee deducted by the insurance company, typically on a monthly basis, to provide the death benefit coverage. This charge is based ...
What Is the Life Insurance Face Amount? - NerdWallet
The face value is the amount of money your insurer has agreed to pay out when you die. You choose the life insurance face amount when you buy a policy.
Face amount definition - AccountingTools
The face amount is the value stated on the face of a financial instrument. The term usually applies to the amount stated on a bond ...
What Is the Face Amount of a Life Insurance Policy? (2024 Guide)
The face amount is the amount of money the insurance company agreed by contract to pay to beneficiaries after an insured person dies. The death ...
What is the Face Amount of Life Insurance? - Fidelity Life
The face amount, or face value, of a life insurance policy, is the amount of money an insurer will pay out to beneficiaries if the policyholder passes away.
What is the face value of a life insurance policy? - Progressive
The face value, or face amount, of a life insurance policy reflects the policy's total monetary value, including your death benefit.
What Is the Face Value of a Life Insurance Policy - Investopedia
The face value of a life insurance policy is the amount that your heirs would receive if you die while insured. You pick a death benefit to ...
Face Amount - Business Contracts - Business Dictionary - Justia
Face Amount. The total amount of each Account, including taxes, delivery charges, etc. Found in LIGHTING SCIENCE GROUP CORP contract. All Definitions. # a ...
Face Amount - FindLaw Dictionary of Legal Terms
The FindLaw Legal Dictionary -- free access to over 8260 definitions ... Search for a definition or browse our legal glossaries. term: Face Amount. face amount n.
What is a Face Amount? - Definition from Insuranceopedia
The face amount is the total gross cash value specified in an agreement or insurance policy, particularly in life insurance policies. This cash ...
face amount definition · LSData - LSD.Law
Definition: Face amount refers to the amount of money stated on a financial instrument, such as a life insurance policy, that will be paid out to the ...
A face amount means the amount of insurance provided ... Home Term Insurance Definitions face amount. On This Page. face amount. A face ...
Face Value: Definition in Finance and Comparison With Market Value
A bond's face value is the amount the issuer provides to the bondholder, once maturity is reached. A bond may either have an additional interest rate, or the ...
face amount Definition, Meaning & Usage - Justia Legal Dictionary
face amount - The initial sum due on a legal document like an insurance policy or a loan agreement, before adding any interest.
FACE AMOUNT Definition & Meaning - Black's Law Dictionary
Find the legal definition of FACE AMOUNT from Black's Law Dictionary, 2nd Edition. The total amount of coverage provided by an insurance contract, ...