Face amount,
Definition of Face amount:
Insurance: Sum of money for which an insurance cover is obtained, usually shown on the top sheet (face) of the policy. In life insurance, face amount is the sum paid on the policys maturity date, on the death of the insured, or (if the policy terms permit) on his or her total disability.
Banking: (1) Amount written on a check the sum its payee is entitled to draw. (2) Principal sum advanced under a loan or mortgage agreement.
Meaning of Face amount & Face amount Definition
Face Amount,
Face Amount Definition:
A simple definition of Face Amount is: Usually referred to the amount assured.
The amount covered by the terms of the insurance contract, usually listed on the first page of the policy.
Literal Meanings of Face Amount
Face:
Meanings of Face:
Position with face or front face (someone or something)
Face and accept a difficult or unpleasant task, event, or situation.
Cover the surface (object) with a layer of another material.
The front of a person's head, from forehead to ■■■■ or the equivalent of an animal.
The surface of an object, especially one that presents itself to the eye or has a special function.
Sentences of Face
Honesty forces you to face reality
Synonyms of Face
reach an acceptance, be facing, cover, adjust to, become accustomed to, afford a view of, overlay, coat, look over, laminate, come to accept, put a facing on, plate, get used to, overlook, be opposite, dress, skin, look on to, front on to, accommodate oneself to, open out over, line
Amount:
Meanings of Amount:
A set of items, especially a combination of one or more items in number, size, price, or scope.
When adding (amount)
Sentences of Amount
For many, sports are fun
Total loss of over 10 million
Synonyms of Amount
be, quantity, load, aggregate, add up to, consignment, volume, come to, group, quota, be equal to, total, make, weight, mass, number, equal, sum, size, represent, bulk, run to, be equivalent to, count as
Face Amount,
Definition of Face Amount:
Face Amount means, Usually refers to the sum insured.
Amount of benefits payable under a life insurance policy.
You can define Face Amount as, The amount of dollars that will be given to the beneficiary, if the insured has done so. This does not include any other fees payable for the use of participation policies or endorsements.
Literal Meanings of Face Amount
Face:
Meanings of Face:
The surface of an object, especially something that is presented to the eye or has a special function.
Someone of a special kind.
Abbreviation of fonts.
Place it near your face or forehead (or something).
Facing and dealing with or accepting difficult or unpleasant tasks, events or situations.
Sentences of Face
Her face is red and she is sweating profusely.
There are a lot of old faces in the team this season.
Back to him
The exterior walls of the basement are lined with granite slabs.
Synonyms of Face
clad, features, dial, physiognomy, get to grips with, countenance, meet head-on, deal with, ■■■■, dare, clock, face up to, bake, mush, coupon, look out on, confront, give over, look towards, make the best of, pan, defy, become resigned to, be opposite (to)
Amount:
Meanings of Amount:
A set of objects, especially a combination of one or more objects in number, size, value, or scope.
When they join, they become (money).
Sentences of Amount
Sport is a great pleasure for many people.
Total loss over £ 10 million.
Synonyms of Amount
dosage, tot up to, portion, quantum, dose, proportion, part
Face Amount,
Face Amount: What is the Meaning of Face Amount?
Usually used for insurance amount.
Face Amount refers to The dollar amount that will be paid to the beneficiary, if the insured has done so. This does not include any other amount payable for using insurance support or participation policy.
The dollar amount of the company's liability limit in case of continuous loss.
See the benefits
The amount stated in the insurance policy that will be paid at the time the policy takes effect or expires. It does not include any additional amount payable due to accidental provisions or other special provisions or obtained through the implementation of a dividend policy.
The amount shown on the cover of the insurance policy is paid on maturity or maturity. It does not include an increase in the dividend payable or an additional amount due to random circumstances or other special conditions.
Assurance amount from someone. The sum insured is paid to the insured or at the end of the policy. It does not include benefits that can be paid in the event of an accident or other special conditions. Nominal value can also be called a fixed amount, a fixed amount or an assurance amount.
Literal Meanings of Face Amount
Face:
Meanings of Face:
The surface of an object, especially one that is visible to the ■■■■■ eye or has a special function.
Keep it near the face or forehead (someone or something).
Synonyms of Face
resist, brave, phizog, oppose, phiz, have/afford/command a view of, acclimatize oneself to, come to terms with, kisser, reach an acceptance (of), veneer, look over/across, lineaments, mug, cope with, visage, learn to live with, give on to, boat race, reconcile oneself to, pave
