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 surrender value or cash value.
Related information about surrender value:
- 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 - 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 value - Wikipedia, the free encyclopedia
The cash value of an insurance contract, also called the cash surrender value or surrender value, is the cash amount offered to the policyowner by the issuing ...
- What is surrender value? - Economic Times
Dec 9, 2009 ... Surrender value the amount the policyholder will get from the life insurance company if he decides to exit the policy before maturity. What is ...
- 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.
- Surrender Value - Financial Dictionary - The Free Dictionary
The amount of cash that becomes available to an insured person upon the cancellation of his/her insurance policy. Most often, this applies to the savings portion ...
- What is surrender value
Answer. 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 ...
- 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 ...