Sentences with phrase «face value of»

If you were to die before the waiting period is over, the insurance company will not pay out the face value of the policy, but some companies will refund your premiums.
As an example of this concept in action, consider a whole life insurance policy issued for a face value of $ 100,000.
Unlike traditional mortgage life insurance whose value decreases as you pay down your mortgage balance, the CoverMe Term Life plan pays the full original face value of your policy to your beneficiary.
Remember that the entire face value of a life insurance policy can pay out to your beneficiaries, generally tax - free.
As long as you're paying your premiums, the death benefit will always be equal to the face value of the insurance your purchased.
Unlike traditional mortgage life insurance whose value decreases as you pay down your mortgage balance, term life insurance plans pay the full original face value of your policy to your beneficiary.
General Unsecured Creditors are scheduled to receive not less than 2 % of the face value of their claims.
In other words, the plaintiff in an insurance bad faith case may be able to recover an amount that is much larger than the original face value of the policy.
Some damages are of an economic nature, meaning that there is a face value of the damages that are suffered while some are non-economic and determining a fair compensatory value is more challenging.
At the time the option was entered into, there are three mortgages registered against the property with a total face value of $ 1.95 million.
I thought it would be like the 2005 hurricane papers, where the authors made conclusions based on the face value of flawed data.
Of course, for those of us who love our print publications, we know there has always been much more to their appeal than the face value of their content.
At worse, that is $ 2 a game which is well more than face value of the cost.
When used, a PSN Card will put the total face value of the card into the account's PlayStation Wallet.
I have a bill with face value of 1,000,000 Intis.
Everyone gets a different value out of their redemptions, and people argue all the time about whether they're getting the full value of the face value of a ticket or hotel room from the miles or points they redeem for it.
Popular shows sell out far in advance, but you can save hundreds of dollars by paying the face value of your tickets rather than buying them on the resale market.
Cash back credit Rewards have a face value of 1 % for Platinum and Signature Black customer redemptions and a face value of 1.25 % for Signature Black Plus redemptions.
Thursday: Marriott $ 100 - $ 500 gift cards at 20 % off Marriott Hotels is selling gift cards with a face value of $ 100 (up to 3), $ 250 up to 2) and $ 500 (1) at 20 % off.
In other words, it means paying the full face value of your airline tickets.
La Presse reporter Marie - Claude Malboeuf questioned face value of veterinary claims (Part II of a 2 - part series.
Life Insurance Gifts There are several ways to donate life insurance: • You may contribute the face value of the policy.
Many bonds have a face value of $ 1,000, but you might pay a different amount to buy them.
According to the Life Insurance Settlement Association (LISA), «An astounding $ 100 billion + in face value of life insurance is lapsed or voluntarily surrendered each year by seniors over the age of 65.»
The amount of your premiums and the face value of your whole life policy are not adjustable should your financial needs change.
As your child grows into an adult, this rider allows you to buy additional life insurance above the face value of the current policy (on specific dates and in certain increments) regardless of his / her health status at the time.
At maturity, the original face value of the bond would be multiplied by the cumulative inflation rate registered since the date of issue to obtain the final yield at maturity.
If the bond does default, the insurer must pay the buyer the face value of the bond.
If there are any loans against the life policy, then these amounts will reduce the face value of the death benefit when the insured passes away.
The Company holds one policy from this life company with a face value of US$ 2m, representing 1.5 % of the portfolio face value.
When we receive the deposit, we will credit the face value of the check to your account (see example below).
If this happens, you will be paid the face value of the bonds (you may have paid more for them or they may be worth more on the secondary market).
For coupons, which are usually for a stated percentage of the face value of the instrument, the daycount convention does not matter unless the coupon is paid late or the bond is a callable bond that is called in between two coupon payments.
Even if you shop around for the lowest margin rates, you need to remember that regardless of how little margin you pay, you are always responsible for the full face value of the trades you make.
The WSJ reports that he and Oaktree Capital Management hold a «little less than $ 500M» face value of MGM bonds out of approximately $ 7B of the non-bank debt.
The major change to the balance sheet since we opened the position was CRGN's February repurchase of $ 4.8 M of its 4 % convertible subordinated debentures due February 2011, for an aggregate purchase price of $ 3.8 M, which reflected an aggregate discount from the face value of such 2011 notes of approximately 21 %.
People who invest in corporate bonds when they are first issued pay the face value of the bond (usually $ 100 each).
Gains / losses and rate of return take into account commission charged at 0.15 % on the face value of the opening and closing trades, but do not take into account any other fees, charges or interest.
So on a bond with face value of 100, you would be getting a $ 5 coupon implying a 5 % yield.
at any time the aggregate face value of XYZ bonds that have not been redeemed is less than 10 % of the aggregate face value of the XYZ bonds originally issued.
If you buy bonds on the ASX, you will pay the market price, which may be higher or lower than the face value of the bond.
Now, if let's say the interest rates go up to 10 %, then a new bond issued with a face value of 100 will give you a coupon of $ 10 implying a 10 % yield.
There may be several reasons for the difference between the market price and the face value of particular bonds: see Table 3.
You can expect to get back the face value of the bonds plus any interest that has accrued since the last time interest was paid to you.
In this case, you should be paid the face value of the bonds (that is, what you paid for them when they were first issued) plus any interest due to you since the last interest payment.
If the issuer redeems the bonds early, they will usually pay you the face value of the bond with any accrued interest to date since your last interest payment.
This is the face value of your mortgage on day one, and it represents the total amount of money you haven't repaid yet.
The draft is then «accepted» by a bank that, in effect, unconditionally guarantees to pay the face value of the instrument on its maturity date.
Remember, if you decide that selling a life insurance policy is a good idea for you, the influx of cash you will receive is only a fraction of the face value of the policy and the amount that your beneficiaries would receive upon your death.
When you pass away, the death benefit your loved ones receive will be the face value of the policy.
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