select the correct answer. what is the definition of face value? a. the amount you pay for someone elses…

select the correct answer. what is the definition of face value? a. the amount you pay for someone elses medical expences b. the basic amount a policy is worth, which is printed on the policy c. the amount you pay each year to the insurance company

select the correct answer. what is the definition of face value? a. the amount you pay for someone elses medical expences b. the basic amount a policy is worth, which is printed on the policy c. the amount you pay each year to the insurance company

Answer

Brief Explanations:

Face - value in insurance refers to the stated amount on the policy. Option A is about medical payments for others, and option C is about annual premiums.

Answer:

B. the basic amount a policy is worth, which is printed on the policy