Sentences with phrase «original face value»

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.

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.

The length of the loan can vary from one year up to 40, and at the end of that time period, the company pays you back the original face value of the loan.

To expand on @DilipSarwate's comment regarding your first bullet point, if the original face value for the bond is $ 1000, it has a maturity of five years and a coupon rate of 10 %, then each of those five years you will receive $ 100 (10 % of $ 1000) and at the end of the five years you will receive $ 1000 back, for a total outlay of $ 1000 and a total income of $ 1500, netting you $ 500.

Like variable life, you decide the investment in mutual funds, though there are no guarantees on these policies beyond the original face value death benefit.

Gramercy Finance, a division that manages and owns interests in 3 CDOs that had an original face value of $ 3.1 billion and are non-recourse to the parent

Of course if you continued to hold to maturity, the value of the bond would recover to its original face value, and you'd end up earning about 2.3 % annualized, assuming you could reinvest the interest payments at 2.3 %.

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.

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.

The death benefit amount decreases to 20 % of the original face value over the duration of the term.

Although the actual cash value may be different from the death benefit, in practice the policy is identified by its original face value / death benefit.

It will continue to decrease until it reaches 20 percent of the original face value of the policy.

Like variable life, you decide the investment in mutual funds, though there are no guarantees on these policies beyond the original face value death benefit.

In addition, permanent life insurance can help the policy holder earn monies over a period of time that increases the original face value of the policy.

An indexed universal life insurance policy has the potential to gain or lose accrued value, and generally prevents the value of the policy from going below the original face value.