surrender value


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Translations

surrender value

n (Insurance) → valore m di riscatto
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
References in periodicals archive ?
In addition to this participation mechanism, which is coupled with the provision of a minimum return guaranteed, the contract is also equipped with a surrender option, i.e., with an American-style option to sell it back before expiration at a price computed according to a predetermined formula (cash surrender value).
Says Colin Jackson at Baronworth Investment Services, which operates a "trawling" service to find the best surrender value for unwanted policies: "If policies meet three key criteria - they must be with-profits, at least five years old, and have a minimum surrender value of pounds 2,000 - we take them to 19 market makers who might offer more than the insurance company.
Says Colin Jackson at Baronworth Investment Services, which operates a 'trawling' service to find the best surrender value for unwanted policies: 'We get 80-100 enquiries a day from people keen to sell.
If you decide to cash them in, find out what the surrender value is.
* Not provide for a cash surrender value or other money that can be paid, assigned, pledged or borrowed.
If the policy is surrendered for its cash value, however, any excess of cash surrender value over the cumulative premiums paid wold be included in taxable income.
The firm will have more than 750 clients with over 45,000 policies totaling in excess of $11B of cash surrender value. The new organization will consist of 35 corporate employees, located on the 3rd floor of 411 South State Street, Newtown, PA.
Likewise, if the contract were cancelled, the buyer may seek reimbursement from the seller the cash surrender value of the payments of the property equivalent to 50 percent of the total payments made, after five years of installments, an additional 5 percent per year but not to exceed 90 percent of the total payments made.
Are annual increases in the cash surrender value of a life insurance policy taxable income to the policyholder?
Ten years after the policy was issued, when Henry was 65, the cash surrender value had dropped to $700,000.
If you stop paying premium before the end of the policy term, you are entitled to receive an amount, called surrender value, depending on the number of years completed, the premium and the bonus received.