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Phrases with «policy surrender»
"Policy surrender"
refers to the act of giving up or canceling an insurance policy before its maturity or expiration date. It means that the policyholder decides to terminate the policy and does not want to continue with it anymore.
Full definition
policy
(parent phrase)
surrender
(parent phrase)
policy surrender
Related phrases
cash surrender value of the policy
to surrender one's policy
surrender of policy
surrender value of the policy
to surrender the policy
Sentences with «policy surrender»
Guaranteed Income Plan does not allow
policy surrender before
end of term.
(
life.indiainsured.com
)
No bonuses would accrue in respect
of policies surrendered
within 5 years from the commencement date.
(
relakhs.com
)
If the policy has accumulated any bonus, then he shall also a cash value of total amount
on policy surrender
.
(
policybazaar.com
)
(see all sentences)
See also
Definition of POLICY SURRENDER
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