The amount available in cash upon cancellation of an insurance policy, usually a whole life policy, before it becomes payable upon death or maturity. also called cash value or surrender value.
Related information about cash surrender value:
- Cash surrender value - Wikipedia, the free encyclopedia
The cash surrender value is the sum of money an insurance company will pay to the policyholder or annuity holder in the event his or her policy is voluntarily ...
- Cash Surrender Value Definition | Investopedia
The sum of money an insurance company will pay to the policyholder or annuity holder in the event his or her policy is voluntarily terminated before its maturity ...
- Cash Surrender Value - Legal Dictionary - The Free Dictionary
The amount of money that an insurance company pays the insured upon cancellation of a life insurance policy before death and which is a specific figure ...
- What is cash surrender value? definition and meaning
Definition of cash surrender value: The amount available in cash upon cancellation of an insurance policy, usually a whole life policy, before it becomes payable ...
- Is Cash Surrender Value Of Insurance Taxed? | Bankrate.com
Jan 5, 2012 ... If the cash surrender value of the life insurance policy consists of excess earnings , that portion is taxable.
- What Is Life Insurance Cash Surrender Value? | eHow.com
What Is Life Insurance Cash Surrender Value?. One of the most important features of permanent life insurance is its cash value. Many people who purchase ...
- Taxation of Cash Surrender Value | Chron.com
There are some life insurance policies that you can use without passing away. These are called "cash value life insurance" policies. The cash surrender value is ...
- What is Cash Surrender Value?
Cash surrender value is the amount of cash a person can get if an insurance policy is cancelled. This value is most often tied to...