Definition of Cash surrender value
1. Noun. The amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured.
Cash Surrender Value Pictures
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Lexicographical Neighbors of Cash Surrender Value
Literary usage of Cash surrender value
Below you will find example usage of this term as found in modern and/or classical literature:
1. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1918)
"If the amount of the note had been less than the cash surrender value of the ... But, as such cash surrender value of the policy was far less than the ..."
2. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1907)
"The court said: "In the policies in question not only is there a failure to provide for a cash surrender value, but the provisions are inconsistent with the ..."
3. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1920)
"without her consent, and would that bar her Interest In the policies, and whether he did accept the cash-surrender value, so as to deprive the sole ..."
4. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1907)
"The district court held that the policies had no cash surrender value within the meaning of § 70 of the bankrupt act. The court said: “In the policies in ..."
5. The Law and Practice in Bankruptcy Under the National Bankruptcy Act of 1898 by William Miller Collier, William Horace Hotchkiss, Frank Bixby Gilbert, Fred Eugene Rosbrook (1921)
"The trustee Is entitled to the cash surrender value although no default In ... A trustee cannot claim any more than the cash surrender value of a life ..."