Cash surrender value is a cash value life insurance policy accumulates a cash surrender value the amount the insurance company returns to you if you drop your coverage. If the cash surrender value is more than the amount youve paid in premiums, you may owe income tax on your gain.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). cash surrender value. Retrieved September 22, 2026, from http://smartdefine.org/cash_surrender_value/definitions/1149601 |
| Chicago | Barry Goldsmith. 2010. "cash surrender value" http://smartdefine.org/cash_surrender_value/definitions/1149601 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, cash surrender value, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/cash_surrender_value/definitions/1149601>. |
| MLA | Barry Goldsmith. "cash surrender value" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/cash_surrender_value/definitions/1149601> |