What is the meaning of cash surrender value?

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noun

  • The amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). cash surrender value. Retrieved September 22, 2026, from http://smartdefine.org/cash_surrender_value/definitions/1242598
ChicagoWordNet. 2010. "cash surrender value" http://smartdefine.org/cash_surrender_value/definitions/1242598 (accessed September 22, 2026).
HarvardWordNet 2010, cash surrender value, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/cash_surrender_value/definitions/1242598>.
MLAWordNet. "cash surrender value" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/cash_surrender_value/definitions/1242598>
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