Definition of surrender value. Meaning of surrender value. Synonyms of surrender value

Here you will find one or more explanations in English for the word surrender value. Also in the bottom left of the page several parts of wikipedia pages related to the word surrender value and, of course, surrender value synonyms and on the right images related to the word surrender value.

Definition of surrender value

surrender value
Surrender Sur*ren"der, n. (Insurance) The voluntary cancellation of the legal liability of the company by the insured and beneficiary for a consideration (called the surrender value).

Meaning of surrender value from wikipedia

- investments in that account at any particular time minus a surrender charge. Such cash value credited to an individual account during the tenure of the...
- those with unitised with-profits funds the holder then receives the surrender value which is determined by the insurance company depending on how long...
- Look up surrender in Wiktionary, the free dictionary. Surrender may refer to: Surrender (law), the early relinquishment of a tenancy Surrender (military)...
- The surrender of the Empire of ****an in World War II was announced by Emperor Hirohito on 15 August and formally signed on 2 September 1945, bringing...
- value up to its date of maturation. The owner can access the money in the cash value by withdrawing money, borrowing the cash value, or surrendering the...
- life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, to a third party investor. The...
- than the surrender value offered by the insurance company. Investors will pay more than the surrender value because the policy has greater value if it is...
- cash value of the policy. Some life policies pay nonparti****ting dividends. As a contrasting example, in the United Kingdom, the surrender value of a...
- long-term care insurance contract, against the cash value of an annuity contract or the cash surrender value of a life insurance contract. The following table...
- existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit. Such a sale provides the policy...