If you live that long, the company will send you a check
for the full face value of the policy.
Level benefit means once the policy has been issued, the insured's beneficiaries are eligible
for the full face value immediately after death of the insured occurs with no reduction in the face amount otherwise known as the death benefit.
They will give you a tax deductible receipt
for the full face value - the price you paid for the gift cards.
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.
Hardly worthless Schrute bucks, these currencies generally allow local residents to purchase them at a discount and then redeem
them for full face value at local merchants.
This allows you to earn the higher rate now, and if rates are higher when the heirs inherit, they can sell the CD
for full face value and reinvest at the higher rate.
Once the bond matures, it may be cashed in
for full face value, resulting in profit for the investor and requiring only one additional transaction to complete the process on the end of the issuing entity.
Not exact matches
New speculators may be buying Ukrainian debt at half its
face value, hoping to collect in
full if Russia is paid in
full — or at least settle
for a few points» quick run - up.
State laws allow bail bond companies to charge defendants a premium of up to 12 percent of the
face value of the bond imposed by a judge, in exchange
for a promise to pay the
full amount to the court if the defendant doesn't show up
for trial.
If the debt was settled
for face value, that tells people reading your report that, well, you were very late and only paid under duress, but at least you did make good on the debt in
full.
The bond issuers promise to pay you back
for the
full loan amount, also called par
value,
face value, maturity
value or principal, and usually with regular interest payments on the par
value.
If you borrow $ 10,000 at 12 percent
for one year, you would receive the
full face value of $ 10,000 at the start of the loan, and pay $ 1,200 in interest.
Treasury sells Series EE bonds
for one - half of
face value and Series I bonds at
full face value.
Why pay
full price
for popular gift cards when warehouse clubs and discount websites sell them well below
face value.
With Level Death Benefits the insured is eligible
for the
full death benefit or
face value the same day the policy goes into force.
But at maturity, Lisa would receive the
full $ 1,000
face value, even though she only paid $ 955
for the bond.
If we take this information at
face value it's good news
for Flying Blue members but I'm going to wait and see the
full details of the new rules as and when they appear on the Flying Blue website before I get too excited.
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.
It's one thing to recommend appropriate work dress and quite another to suggest that if you don't know how to apply a
full face of make - up (natural looking or otherwise) and don't spend a fortune on skincare, that you can not be
valued in the workplace
for your intelligence and work ethic.
I've prepared my 20 minute talk and can tell you it is
full of optimism and hope
for a new kind of legal profession that holds to old - school
values like integrity and honour and generosity while boldly
facing a new economic order that mostly
values faster, better, cheaper.
Generally these can be taken under one of three possible non-forfeiture options: (1) surrender
for full cash
value; (2) use of the cash
value to purchase reduced paid - up life insurance; and (3) use of the cash
value to purchase extended term insurance in the
full face amount of the original policy
for as long as the cash
value will pay net premiums.
With Level Death Benefits the insured is eligible
for the
full death benefit or
face value the same day the policy goes into force.
The latter are referred to as «graded» policies because the company will require you to pay premiums
for 2 or 3 years before they will pay the
full face value.
For example, the company might agree to pay 25 % within the first year of the policy, 50 % within the second, 75 % within the third, and the
full face value any time thereafter.
Getting a payout in installments means that it takes longer to get the
full face amount, but because the carrier can hold on to a portion of your money
for longer, they add interest to the policy's
value, like a bank.
If you're seeking a simplified issue policy, —
for which only a medical questionnaire is required, rather than a
full exam — a wider range of death benefits are typically offered
for simplified issue guaranteed universal policies than
for simplified issue whole life insurance (which typically have a maximum
face value of around $ 50,000).