Face Amount Definition
The face amount of the insurance policy – the amount stated on the policy. This is the amount that is payable upon the death of the insured.
Life Insurance QuotesCompare Life Insurance Quotes Today... Save up to 70%
Life Insurance Articles
- Whole Life Insurance
- What is a Universal Life Insurance?
- Waiver of Premium
- Viatical Settlement Provider
- Variable Universal Life Insurance
- Variable Annuitization
- Accumulated Amount
- Accidental Means