cash surrender value
Definition
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 value or surrender value.
This content can be found on the following page:
http://www.investorwords.com/785/cash_surrender_value.html
email to a friend
 print this definition
 cite this definition
 link to this page
Copy and paste this HTML in your website to link to this page
'cash surrender value' appears in the definitions of these other terms on BusinessDictionary.com:
automatic premium loan clause, policy loan, whole life insurance
Related Research Articles from the InvestorGuide.com University
Health Insurance
Learn about the various kinds of health insurance available, including HMOs, PPOs, FFS plans, and Medicare. Find information about the advantages and disadvantages of each type of plan to help you decide what plan is best for you.
Introduction to Insurance
Find out how to protect yourself by learning the basics behind insurance and what factors should be considered when purchasing insurance.
Other Types of Insurance
Think you have all the bases covered? Learn about other types of insurance, including renter's, liability, travel, car rental, mortgage protection, flight, extended warranty, and kidnap and ransom.
|
