The cash value of the policy, paid by the company upon the surrender of a policy before it becomes payable by maturity is known as

April 27, 2022

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The cash value of the policy, paid by the company upon the surrender of a policy before it becomes payable by maturity is known as

Q. The cash value of the policy, paid by the company upon the surrender of a policy before it becomes payable by maturity is known as __________.

A. Premium.

B. Cash surrender value.

C. Consideration.

D. Commission.

Answer: Cash surrender value

The cash value of the policy, paid by the company upon the surrender of a policy before it becomes payable by maturity is known as

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The cash value of the policy, paid by the company upon the surrender of a policy before it becomes payable by maturity is known as

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