When a policy is surrendered for its cash value,?

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07-05-2017
Business

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When a policy is surrendered for its cash value,?

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elleahnaevans1 elleahnaevans1 · Answer 1 · 2017-05-19T20:25:07+02:00

elleahnaevans1 elleahnaevans1

19-05-2017

The cash surrender value is the sum of money an insurance company pays to the policyholder or annuity holder in the event his policy is voluntarily terminated beforeits maturity or the insured event occurs.

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