Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between the account value and cash surrender value?

April 26, 2017account cash surrender value

0

Posted

What is the difference between the account value and cash surrender value?

1 Answer

0

Posted

You have the option to surrender your policy at any time subject to the deduction of applicable surrender charges. Such surrender charges will be applicable on the account value accumulated and will be calculated depending on the policy year during which the policy is surrendered.