When you buy life insurance, you’re buying assurance that when you die, your insurer will pay out a sum of money to your loved ones. That number is known as your policy’s face amount, or face value, and it affects how much you’ll pay in premiums. While it usually stays the same, there are a…
The article Life Insurance Face Amount: What It Means and How to Choose originally appeared on NerdWallet.
https://www.nerdwallet.com/article/insurance/life-insurance-face-amount
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