face amount insured by the policy
- face amount insured by the policy
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Black's law dictionary.
HENRY CAMPBELL BLACK, M. A..
1990.
Look at other dictionaries:
face amount insured by the policy — Within statute relating to extended life insurance, means the amount which is, in all events, payable under the policy as straight life insurance without regard to additional features such as accident or disability insurance. Wilkins v.… … Black's law dictionary
face amount — Quantity expressed as an amount representing the face amount, i.e. the principal, of a debt instrument. Euroclear Clearing and Settlement glossary * * * face amount face amount ➔ amount1 * * * face amount UK US noun [C] US ► INSURANCE the amount… … Financial and business terms
face of policy — A phrase which, as used in a statute forbidding life insurance policies to contain provision for any mode of settlement at maturity of less value than the amount insured on the face of the policy, does not mean merely the first page, but denotes… … Black's law dictionary
face of policy — A phrase which, as used in a statute forbidding life insurance policies to contain provision for any mode of settlement at maturity of less value than the amount insured on the face of the policy, does not mean merely the first page, but denotes… … Black's law dictionary
policy — The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. A general term used to describe all contracts of insurance. See policy of insurance. This term, as applied to a law,… … Black's law dictionary
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