Examples of using Surrender value in English and their translations into Indonesian
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Colloquial
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Ecclesiastic
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Computer
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Ecclesiastic
This sum that is returned is called the Cash Surrender Value.
The cash surrender values of variable life policies are exempt from taxation until the point at which they are redeemed.
Insolvency Law: No separate satisfaction from surrender value of a life insurance.
The surrender value of the policy is the amount payable to the policyowner after applicable surrender charges, if any.
The assignment of life insuranceclaims for death to a bank also includes the surrender value.
An early termination of thepolicy usually involves high costs and the surrender value payable may be less than the all the premiums paid.
This means that in term life policy, there are no cash value accumulations, loan values, or partial surrender values.
The surrender value of the policy is the amount of cash value payable to the policy owner after applicable surrender charges, if any.
Typically, a life settlement is about three to five times the cash surrender value of the policy.
The amount of money you receive is the surrender value of the policy and you may not receive as much as you have paid during the life of the policy.
A Life Settlement can usuallyprovide anywhere from 2 to 5 times the cash surrender value of the policy.
To protect the eye of people inall matters concerning the nomination of policy, surrender value f policy, insurable interest, settlement of insurance claims, other fine print of contract of insurance.
A life insurance settlement generates, on average,three to five times the cash surrender value of the policy.
O To protect the interest of policy holders inall matters concerning nomination of policy, surrender value f policy, insurable interest, settlement of insurance claims, other terms and conditions of contract of insurance.
This gives the individual involved a lot of leverage when it comes to borrowing,since most banks will lend up to 90% of the surrender value of the policy.
Cash surrender values are usually less than the premiums paid in the first several policy years and sometimes a policyowner may not recover the premiums paid if the policy is surrendered. .
Clients may now be able tosell their policy for far more than the cash surrender value the insurance carrier would offer.
Low cash surrender values: Cash surrender values are usually less than the premiums paid in the first several policy years and sometimes a policy owner may not recover the premiums paid if the policy is surrendered. .
An early termination of thepolicy usually involves high cost and the surrender value payable may be less than the total premium paid.
The life insurance policy owner sells his or her contractual rights under the policy at its present market value in exchange for a lump sum cash payment,which payment exceeds the cash surrender value of the policy.
The account balance or value(including, in the case of a Cash Value Insurance Contract or Annuity Contract,the Cash Value or surrender value) as of the end of the relevant calendar year or other appropriate reporting period or, if the account was closed during such year, immediately before closure;
Therefore, if the investments perform poorly thepolicyholder accepts the consequences that there will be little or no cash surrender value when the insurance is redeemed.
The account balance or value(including, in the case of a cash value insurance contract or annuity contract,the cash value or surrender value) as of the end of the relevant calendar year or the closure of the account;
It takes several years, with interest rates at historic lows in 2016, to reach a breakeven point,when total premiums paid equals the cash surrender value of the policy.
Taxpayers will no longer be able to receive the excess of the fair market value of a policy disposed of to a corporation orpartnership over its cash surrender value as a tax-free benefit when the policy is transferred to a corporation or partnership.
You have the option to terminate or give up the life coverage online insurance deal anytime you would like to,so you can utilize the cash surrender value on whatever you desire(or need) to.
In a way, the presence of guaranteed cash values makes this policyworthwhile because you can borrow against your cash value or surrender your policy to get the cash value in hard cash.