maturity value

The industry was valued at $2 billion in 2001 and, once it became regulated, grew to a maturity value of $35 billion by 2009, according to Conning & Co., a Hartford, Connecticut-based research firm.

The industry was valued at $2 billion in 2001 and, once it became regulated, quickly grew to a maturity value of $35 billion by 2009, according to Conning & Co., a Hartford, Connecticut-based research firm.

The full maturity value of a Bonus certificate represents, in almost equal proportions, the Government's original grant in 1925 and interest to accrue on that grant until 1945.

Even so, the principle that the Bonus should not be paid until 1945 was maintained by means of "loans" up to 50% of the certificates' maturity value.

The face value of the bonds thus acquired, plus the interest thereon reinvested will equal during the 20-year period the maturity value of the insurance policies, aggregating at the lowest estimate $3,145,000,000.