Policy Value

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August 31, 2024 4 min read Definitions
Face Amount: The Stated Value of a Life Insurance Policy
Insurance Life Insurance Policy Value Death Benefit Financial Terms Insurance Terms
The face amount is the amount of money stated on a life insurance policy that will be paid upon the insured's death or at policy maturity.
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August 24, 2024 3 min read Definitions
Valued Policy Law: Definition, Mechanism, and Debates
Insurance Law Valued Policy Law Insurance Statutes Total Loss Policy Value Insurance Claims
An in-depth look at Valued Policy Law (VPL), explaining its definition, how it operates, the controversies surrounding it, and its impact on policyholders and insurance companies.
Read more about Valued Policy Law: Definition, Mechanism, and Debates.

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