A fee imposed for terminating an annuity contract prior to its maturity.
Related information about surrender charge:
- Surrender Charge Definition | Investopedia
A fee levied on a life insurance policyholder upon cancellation of his or her life insurance policy. The fee is used to cover the costs of keeping the insurance ...
- Variable Annuity Surrender Charges
Jul 28, 2001 ... A "surrender charge" is a type of sales charge you must pay if you sell or withdraw money from a variable annuity during the "surrender ...
- Surrender Charge - Financial Dictionary - The Free Dictionary
A fee one must pay when canceling a life insurance policy. A surrender charge is levied to encourage a policyholder to remain with the same insurer. 2.
- Surrender Charges
A surrender charge is a fee you incur when you sell, or cancel, certain types of ... Most investments that carry a surrender charge pay upfront commissions to the ...
- Annuity Surrender Charges Explained
Beyond that, most annuities have a surrender charge -- a penalty for making an ... Typically this surrender charge is a percentage of the amount withdrawn, and ...
- Surrender Charge: Definition from Answers.com
Surrender Charge Fee charged to a policyowner when a life insurance policy or annuity is surrendered for its cash value.
- What is surrender charge? definition and meaning
Definition of surrender charge: A fee imposed for terminating an annuity contract prior to its maturity.
- Cash value - Wikipedia, the free encyclopedia
The value of the investment is often subject to a surrender charge in ... A surrender charge offsets the costs associated with selling the contract and allows these ...