surrender value
noun[U]
ukusthevalueof aninsurancepolicyif you end it beforeitsoriginalenddate:
If policyholdersstoppayinginto thepolicythey will get asurrendervaluedependentoninvestmentgrowth.
Examplesofsurrender value
surrender value
Typical market prices in 2013 are above thesurrendervalueof the policy.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Now, many companies offer to buy the with profits endowment policy from the holder for more than thesurrendervalue.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thesurrendervalueof any life assurance or endowment policies is ignored.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.It is also known as cash value,surrendervalueand policyholder's equity.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The owner can access the money in the cash value by withdrawing money, borrowing the cash value, or surrendering the policy and receiving thesurrendervalue.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.She then has both thesurrendervalueand the marriage.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Whatsurrendervaluewill there be to his own rights?
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
If the individual then borrows up to thesurrendervalueof the policy, is that allowable?
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
In the ordinary language of insurance, there is nosurrendervalue.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Would the saving policies have asurrendervalue?
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.