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cash surrender value - translation to russian
TYPE OF VALUE
Surrender value; Nonforfeiture value; Cash surrender value
cash surrender value
выкупная стоимость (сумма, на которую имеет право страхователь в случае досрочного прекращения уплаты взносов)
cash value
денежная стоимость, стоимость в наличных деньгах
surrender value
сумма, возвращаемая лицу, отказавшемуся от страхового полиса
Definition
surrender value
¦ noun the amount payable to a person who surrenders a life insurance policy.
Wikipedia
Cash value
Cash value refers to an investment component in life insurance that grows tax-free over the course of the policy's life. Cash value is a part of permanent life insurance policies and is a living benefit that the policyholder can use during his or her lifetime.
