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What is surrender value and cash value? |
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They are one in the same but the surrender value is the cash value minus surrender charges. Over time the surrender charges go away.
First answer by 4lifeguild. Last edit by 4lifeguild. Contributor trust: 459 [recommend contributor]. Question popularity: 13 [recommend question]
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How does cash surrender work? What is Cash Surrender Value? What is a cash surrender request? What is cash surrender value mean? Difference between cash value and surrender value? How do you calculate surrender vaue or cash value?
