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Topical Terminology > Cash Surrender Value



2 Definitions

Cash Surrender Value

For Cash Surrender Value we have terms and definitions in 2 topics. The topics are Auto Insurance and Car Insurance.



Cash Surrender Value (Auto Insurance)

An amount of money received if a policyholder surrenders an insurance policy. In the case of car policies this is usually zero, though some insurers refund some of the premium if a policy is cancelled early.


Cash Surrender Value (Car Insurance)

An amount of money received if a policyholder surrenders an insurance policy. In the case of car policies this is usually zero, though some insurers refund some of the premium if a policy is cancelled early.




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