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 Glossary   >   C   >   "Cash-surrender value" Definition   

        Cash-surrender value

The amount an insurance company will pay if the policyholder ends a whole life insurance policy.

Cash-surrender value


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Cash-surrender value - The amount an insurance company will pay if the policyholder ends a whole life insurance policy.


Cash-surrender value : the amount an insurance company will pay if the policyholder ends a whole life insurance policy.