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    Question

    __________ is the amount the insurance company has to

    pay you when the policy matures that would also include the sum assured and the bonuses.
    A Fund Correct Answer Incorrect Answer
    B Annuity Correct Answer Incorrect Answer
    C Sum Assured Correct Answer Incorrect Answer
    D Maturity Value Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Maturity value is the amount payable to an investor at the end of a debt instrument's holding period (maturity date). For most bonds, the maturity value is the face amount of the bond. For some certificates of deposit (CD) and other investments, all of the interest is paid at maturity

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