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No that I have seen or read anywhere but the bigger the cash value the bigger the debt benefit proportionally.
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∙ 13y ago
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What is the difference between face amount and cash value?
The face value is what your beneficiaries will collect. The cash value is the excess of your premium payments over the cost of the insurance. Click here for more about life insurance cash value.
Whole life insurance what happens to the cash value when you die?
Depends on how it is set up. My policy has a death benefit that actually increases by more than my cash value over the years so if i die my beneficiaries get the original face amount PLUS the cash value and then some!
Is there a surrender value to an old life insurance?
If it is an old cash value policy there may be if the premiums were all up to date. Depending on the face value of the policy and the individuals age and health it may be worth more to sell it than to cash it in.
Can you cash in a Indian head nickel at the bank?
The coin is still legal tender, but If you mean get more than face value, no. Banks do not "cash in" collectible coins or paper money.
What is the difference in the place value and the face value of 8 in 78563?
The face value is 7992 more than the place value.The face value is 7992 more than the place value.The face value is 7992 more than the place value.The face value is 7992 more than the place value.
How long do you pay for life insurance is there a time period or is it for as long as your alive?
Some forms of life insurance have a cash value, and some do not require premiums to be paid after a certain percentage of the cash value has been paid in. "Term life" normally has no cash value, and as you get older may either increase the premium or more likely decrease the face value.
Where do you go to cash in a silver dollar?
go to a coin dealer or the bank. The coin dealer will pay more. the bank will only pay face value.
Which of the statements is true regarding term insurance a it provides temporaty protection b it builds up cash value c it pays more than face amount d it's more expensive than straight life?
Which of the statements is true regarding term insurance? a. it provides temporaty protection b. it builds up cash value c. it pays more than face amout d it's more expensive than straight life?
Can a policy owner change the universal life cash value?
Yes. You can pay more into it therefor increasing the cash value or you can withdraw money from it therefor decreasing the cash value. I suspect that is not what you want to do. 4lifeguild
What you mean by face value?
For a coin it is just worth the value stamped on it i.e. the value on it's face So a common coin is worth face value, but a rare coin is worth more than face value.
Are silver coins worth more than face value?
Yes. Silver coins are worth more than face value.
Time value of money certainity and uncertainity?
Cash has a time value. In easier terms, the value of a specific measure of cash today is more significant than its value tomorrow. It isn't a result of the vulnerability associated with time however absolutely because of timing. The distinction in the value of cash today and tomorrow is alluded to as the time value of cash.
