Sentences with phrase «entire face value»

If you pass away during the period of coverage, your beneficiaries would receive the entire face value of the policy.

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.

Remember that the entire face value of a life insurance policy can pay out to your beneficiaries, generally tax - free.

After the initial two years, the entire face value is paid.

That's because most policies are either not renewable after age 85 or are so expensive that your annual premium can be 50 % or more of the entire face value of the policy.

This will give you the high face value you may need in your younger years with lower cost than if you purchased the entire face value with a whole life.

If you live beyond 100, most policies will endow — meaning the company will pay you the entire face value.

If you pass away during the period of coverage, your beneficiaries would receive the entire face value of the policy.

For example, if you a buy a brand new car that costs $ 10, 000 USD and unfortunately crashed the car a week after, the insurance company will most likely pay the entire face value, considering the mere fact that the depreciation is fair minimal enough.

You may not have to convert the entire face value of your life policy.

What happens is, if you do use the benefit, again which is 2 % of the face value per month, your death benefit is reduced by that amount until the entire face value has been reduced to zero.

In case of complete loss of your physical capabilities the entire face value of the death insurance insurance can be paid out.

A newly purchased guaranteed issue life insurance policy will pay the entire face value right away if the insured's death is the result of an accident (such as a car crash), or if the insured was the victim of a crime.

The main drawback to guaranteed issue life insurance is that there is a very limited amount of coverage offered (up to $ 25,000), and the policies need to be in effect for two years before paying out the entire face value.