Vocab Bloom Hub

cash surrender value

/kæʃ səˈrendər ˈvæljuː/

Traducción: Cantidad de dinero que recibe el titular de una póliza de seguro si decide cancelar el contrato de seguro de vida antes de su vencimiento o antes de su fallecimiento.

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phrase

/kæʃ səˈrendər ˈvæljuː/C1formalbusiness
  • esCantidad de dinero que recibe el titular de una póliza de seguro si decide cancelar el contrato de seguro de vida antes de su vencimiento o antes de su fallecimiento.

The amount of money an insurance policyholder receives if they choose to cancel their life insurance policy before it matures or before their death.

  1. Insurance payout valueC1formal

    The amount of money an insurance policyholder receives if they choose to cancel their permanent life insurance policy before it matures or before their death.

    esValor de rescate en efectivo

    • After ten years, the policy's cash surrender value was $15,000.
    • He decided to withdraw the cash surrender value to pay for his daughter's education.
    • The agent explained how the cash surrender value grows over time.