Meaning Of The Word Surrender value

Real Dictionary

What's the definition of Surrender value? Find Surrender value meanings, definitions and more at the Real Dictionary online.

Surrender value Meaning

Surrender value Definition
Surrender value Definition

What's The Definition Of Surrender value?

surrender value
countable noun: The surrender value of a life insurance policy is the amount of money you receive if you decide that you no longer wish to continue with the policy.

surrender value in British English
noun
noun: the value of a life policy after the voluntary discontinuation of the policy by its holder

surrender value in Insurance
noun: The surrender value of a life insurance policy is the amount of money you receive if you decide that you no longer wish to continue with the policy.

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