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What is cash value of life insurance?

Charlotte Lee | 2023-05-07 12:08:13 | page views：1003
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Oliver Johnson

Works at the International Development Association, Lives in Washington, D.C., USA.
The cash value of an insurance contract, also called the cash surrender value or surrender value, is the cash amount offered to the policyowner by the issuing life carrier upon cancellation of the contract. This term is normally used with a life insurance or life annuity contract.
2023-05-13 12:08:13
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Charlotte Gonzales

QuesHub.com delivers expert answers and knowledge to you.
The cash value of an insurance contract, also called the cash surrender value or surrender value, is the cash amount offered to the policyowner by the issuing life carrier upon cancellation of the contract. This term is normally used with a life insurance or life annuity contract.
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