Home >

Cash Surrender Value

The usual operation of a life insurance policy keeps it running until the policyholder has died, at which time the beneficiary or beneficiaries receives a payout of the policy. However, it is not all cases that end like this; some end before death, with a surrender. When the policyholder chooses to surrender, the money that have placed into the policy will not be lost. It will be substantially less, largely because the issuer of the policy will need to profits something, so fees of some magnitude will be charged. The amount of money the policy holder receives upon surrender is called the cash surrender value. Apart from fees associated with the surrender, the cash surrender value must also take off any outstanding loans from the policy that need to be paid.

Fast Facts

  • A life insurance ends in one of three ways - death, maturity, or surender
  • conditions of a cash surrender will be listed In the contact of a policy
  • a surrender is also called termination

Talk to a Financial Planner

Enter a zip code to speak to a Financial Planner that serves your area.

Find a Financial Planner

Select the type of Financial Planner you need

cash surrender value - Financial Planners, Articles and Q&A

Search Results for "cash surrender value"

Articles

Results 1-5 of 55 for "cash surrender value"

  • Cash Flow Statement

    The definition and function of the cash flow statement is that it is designed to specifically report the cash...
    • Site: financialplannernetwork.com

  • Series I vs Series EE

    It can be confusing when trying to decipher the difference between Series EE savings bonds and their Series I ...
    • Site: financialplannernetwork.com

  • Equity Indexed Life Insurance

    Equity Indexed Universal Life Insurance, also referred to as EIUL, can be defined as permanent life insurance ...
    • Site: financialplannernetwork.com
    • 2 of 2 user(s) found this useful

  • Foreign Currency Exchange Rates

    The value of the US dollar in relation to currencies of other countries fluctuates throughout time depending o...
    • Site: financialplannernetwork.com

  • Balance Sheets

    A balance sheet provides detailed information about a company’s assets, liabilities and shareholders’ equity....
    • Site: financialplannernetwork.com
LA-WS5:0.9.17.120126.12696+