The amount available in cash upon cancellation of an insurance policy, usually a whole life policy, before it becomes payable upon death or maturity. also called cash surrender value or surrender value.
Related information about cash value:
- Cash value - Wikipedia, the free encyclopedia
The cash value of an insurance contract, also called the cash surrender value or surrender value, is the cash amount offered to the policyowner by the issuing ...
- Actual Cash Value Definition | Investopedia
The amount equal to the replacement cost minus depreciation of a damaged or stolen property at the time of the loss. It is the actual value for which the property ...
- What is cash value? definition and meaning
Definition of cash value: The amount available in cash upon cancellation of an insurance policy, usually a whole life policy, before it becomes payable upon ...
- What is the cash value of a life insurance policy?
What is the cash value in life insurance at BenefitHouse.com?
- Actual Cash Value vs. Replacement Cost Explained
There are several different methods by which your insurance company may calculate the amount it will pay you for a loss. Payment based on the replacement ...
- What Is Cash Value?
Wouldn't it be great if you could protect your family and put away a nest-egg for your retirement? You can. Read this article to learn about the cash value of life ...
- Should I buy term life or cash value insurance? [Fool.com: Insurance ...
Fools are squarely in the "buy term life and invest the difference" camp. To be more clear, when we say "the difference," we are referring to the savings plan ...
- Cash Value - Financial Dictionary - The Free Dictionary
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 ...