"Partial surrenders" refers to giving up or relinquishing some aspects or parts of a situation or agreement, while keeping or retaining others. Full definition
Included in this category are policy dividends, lump - sum cash settlements of cash surrender values, cash withdrawals, and amounts received on partial surrender. (thinkadvisor.com)
The accumulation of cash in the policy can be accessed through policy loans or partial surrender without tax liability. (instantquotelifeinsurance.com)
You can not take a loan, increase your face amount (unless you have a specific rider allowing you to do this), or take partial surrenders of a term policy. (lifeant.com)