Vocab Bloom Hub

cash surrender value

/kæʃ səˈrendər ˈvæljuː/

Tradução: Quantia em dinheiro que o segurado recebe se decidir rescindir o contrato de seguro de vida antes do vencimento ou antes de sua morte.

1 verbete

phrase

/kæʃ səˈrendər ˈvæljuː/C1formalbusiness
  • ptQuantia em dinheiro que o segurado recebe se decidir rescindir o contrato de seguro de vida antes do vencimento ou antes de sua morte.

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.

    ptValor de resgate

    • 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.