surrender value

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Also found in: Financial.
Translations

surrender value

n (Insurance) → valore m di riscatto
References in periodicals archive ?
Likewise, the Tax Court has held that the cash surrender values of paid-up additions are not constructively received by the policyholder.
A section 1035 exchange may provide a higher death benefit and cash surrender values than the original policy, but even if it does improve upon the old policy, it may not be the optimal solution.
Holders of life insurance policies with cash surrender values would be notified of that amount on an annual basis according to legislation introduced by Assemblyman Arthur J.
the premiums paid less dividends declared, if any) over the increase in cash surrender values is considered an insurance expense.
First, when compared to CAUL, SGULs may generate only modest cash surrender values that may vanish by age 85 to 95.
Cash surrender values will generally be assets of the company if the company owns the policy and is the beneficiary.
In June this year, some market makers paid up to 36% above surrender values for policies with 10-15 years left to run.
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.
Considering that cash surrender values average just 4% of policy face amounts, the decision to recommend a life settlement is an easy one for CPAs advising employers or clients unaware of the potential economic gain from these hidden assets.
The advice is based on the fact that even though most plans impose exit penalties called market value adjusters (MVAs), surrender values are still worth more than the underlying value of the funds.
Though the average improvement over surrender values for policies sold is 15 per cent more, traders say some policies fetch as much as 30 per cent more.
Chung and Skipper (1987) find a positive correlation between interest rates and projected universal life insurance surrender values for durations of ten years and longer (negative correlations for one year and five years).