Cash Surrender Value Of Life Insurance

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Cash Surrender Value Of Life Insurance

The cash surrender value is the sum of money an insurance company pays to a policyholder or an annuity contract owner in the event that his or her policy is voluntarily terminated before its maturity or an insured event occurs.. Term life insurance policies do not build cash values. The surrender value is the actual sum of money a policyholder will receive if he tries to access the cash value. This is also referred to as the surrender cash value or, in the case of annuities, annuity surrender value..

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Image Result For Cash Surrender Value Of Life Insurance

The cash surrender value is the sum of money an insurance company pays to a policyholder or an annuity contract owner in the event that his or her policy is voluntarily terminated before its maturity or an insured event occurs..