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Phrases with «surrender value»

The phrase "surrender value" means the amount of money you will receive if you decide to cancel or end a financial policy or investment before it matures or reaches its intended term. It represents the money that you will get back from surrendering or giving up the policy or investment. Full definition

Related phrases

Sentences with «surrender value»

  • This is essential to have a decent understanding of cash surrender value of life insurance when you purchase a whole life policy. (secureseniorlifeinsurance.com)
  • If the premium paying term is less than 10 years, the guaranteed surrender value of at least 30 % of the total premium paid will accrue after the second year. (securenow.in)
  • [x] Different ways that can be used by a contract owner by which he can apply for cash surrender value of an insurance or annuity contract due to any lapse. (ampminsure.org)
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