Surrender value - The cash value of, for example, an endowment assurance policy at any time throughout the term prior to its maturity. During the early years of the term the surrendering of such policies results in very little return compared with premiums paid.
Surrender value : the cash value of, for example, an endowment assurance policy at any time throughout the term prior to its maturity. during the early years of the term the surrendering of such policies results in very little return compared with premiums paid.
Surrender value