If you pass away during the period of coverage, your beneficiaries would receive the entire face value of the policy. (valuepenguin.com)
The Maturity Date of a bond is the date on which the bond validity expires and the company or government that issued you the bond should pay you back the entire Face Value or Par Value at the end of the Maturity Date. (investinginbondseurope.org)
Remember that the entire face value of a life insurance policy can pay out to your beneficiaries, generally tax - free. (nylaarp.com)