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What is meant by surrender value of a policy 2024?

Harper Kim | 2023-06-05 14:11:59 | page views：1430
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Emily Allen

Studied at University of California, Berkeley, Lives in Berkeley, CA
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.
2023-06-08 14:11:59
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Wyatt Morgan

QuesHub.com delivers expert answers and knowledge to you.
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.
Cash Surrender Value - Investopedia
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