1. Chris AbramsPRO
    Founder, Abrams Insurance Solutions, Inc., San Diego, CA
    Face value is the death benefit of the life insurance policy.  It is the amount that will be paid out at the death of the insured.  The face amount can range from thousands to millions.  This face amount is transferred at death to the beneficiaries of the policy with no income tax.
    Answered on May 31, 2013
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