scorecardresearchAll you need to know about surrender value of a insurance policy

All you need to know about surrender value of a insurance policy

Updated: 05 Apr 2023, 06:17 PM IST
TL;DR.

Surrender value is the amount of money a policyholder receives when they decide to terminate their life insurance policy before maturity. It is calculated based on the premiums paid, policy term, and sum assured.

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financial-g98aeca7c5_1920_1639468760007

First Published: 05 Apr 2023, 06:17 PM IST