MLchartDataset catalogue

Cash surrender value

Term · Insurance and risk management · MLC-T-INS-000701

The amount of money a policyholder receives if they voluntarily terminate a permanent life insurance policy before its maturity or the insured's death. This value represents the accumulated savings portion of the policy, less any surrender charges or outstanding loans. It is not available in term life insurance policies.

Table 1. Record
IdentifierMLC-T-INS-000701
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000701",
  "term": "Cash surrender value",
  "field": "Insurance and risk management",
  "definition": "The amount of money a policyholder receives if they voluntarily terminate a permanent life insurance policy before its maturity or the insured's death. This value represents the accumulated savings portion of the policy, less any surrender charges or outstanding loans. It is not available in term life insurance policies.",
  "url": "https://mlchart.com/terminology/insurance/cash-surrender-value/"
}

Record 472 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.