What is the minimum face amount typically issued for ordinary life insurance?

The minimum face amount typically issued for ordinary life insurance is generally greater than $25,000. This is due to the nature of ordinary life insurance products, which are designed for a broad range of financial planning needs, including income replacement, estate planning, and long-term financial security. Insurance companies aim to ensure that the coverage amount is sufficient to meet the typical needs of policyholders and their beneficiaries.

Policies with face amounts lower than $25,000, such as those below this threshold, are often categorized differently, like burial or final expense insurance. These lower amounts do not usually reflect the comprehensive coverage that ordinary life insurance is intended to provide. Therefore, options suggesting amounts lower than $25,000 do not align with the standard practices of issuing ordinary life insurance.