Archive for: Cash Surrender Value

When you think of life insurance the whole life insurance policy is the first type of insurance that comes to mind. It can be considered a staple in the life insurance industry and has been so ever since the concept of life insurance was thought up. The whole life insurance [...]

If you have a permanent life insurance policy that has been building cash value, and choose to terminate or cancel that policy, “Cash Surrender Value” is the amount you will receive in accumulated value, less any fees or outstanding loan amounts that may apply. If you are using your life [...]