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Surrender Value
(redirected from surrender values)

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Cash Value
The amount of cash that becomes available to an insured person upon the cancellation of his/her insurance policy. Most often, this applies to the savings portion of a canceled whole life policy. This value is considered an asset and can be borrowed against or used as collateral. It may also be called a cash surrender value or a surrender value.
surrender value
See cash surrender value.
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In June this year, some market makers paid up to 36% above surrender values for policies with 10-15 years left to run.
The transformation of the market; Jeremy Gates looks at the future of ... by Daily Post (Liverpool, England)
The market opportunity exists primarily as an alternative to surrender values payable by life insurance companies when a policy owner decides to redeem or cash in the policy.
Life settlements: means for cashing in key-person policies by Simon, Larry / Financial Executive
For term policies without cash surrender values, the purchaser's entire cost is recognized as a loss.
A gap in insurance GAAP? New life insurance markets demand new ... by Larson, Gregory M. / Journal of Accountancy
 
 
 
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