The amount of money the life insurance policy owner will receive as a refund if the policy owner cancels the coverage and returns the policy to the company. Also called "cash surrender value."

The portion of the permanent life insurance policy that is available for withdrawals or loans. The cash value earns tax-deferred interest.

Cash value is the amount that an account is worth at any given time. For example, the cash value of your 401(k) or IRA is what the account is worth at the end of a period, such as the end of a business day, or at the end of the plan year, often December 31. The cash value of an insurance policy is the amount the insurer will pay you, based on your [..]

The savings element of a Permanent Life Insurance policy that represents the policyholder’s interest during his or her lifetime.

Definition The amount available in cash upon cancellation of an insurance policy, usually a whole life policy, before it becomes payable upon death or maturity. also called cash surrender value or sur [..]

In a life insurance policy, this is the amount of money, before adjustments, that are made for factors such as policy loans or late premiums, that the policy owner will receive if the policy owner all [..]

market value

The current value of a future cash flow (maturing receivables etc.). The cash value is determined by discounting the interest accruing until the maturity date, i.e. of a receivable, the redemption amount (cash flow) and the refinancing costs. The cash value amount can be transposed to any point in time. This can occur both by adding on interest (fu [..]

Cash value, in the context of insurance, refers to the dollar amount payable upon cancellation of an insurance policy, usually a whole life policy, before it becomes payable upon death or maturity. It [..]

n. valor monetario

The equity amount or "savings" accumulation in a whole life insurance policy.

Some life insurance policies, usually permanent types like whole life, universal life or variable universal life insurance, can accumulate money in a cash value account. In addition to paying for insurance coverage, a portion of your premium goes toward a cash value account that grows tax-deferred over time.

The sum of money required to replace a damaged article with another of like kind and quality. The value of an article, with proper deduction for depreciation, wear and tear, and obsolescence.

Also known as the cash surrender, this is the amount available in cash upon surrender of a permanent life insurance policy before it becomes payable upon death or maturity.

The amount of money the policyholder will receive if he surrenders his life insurance policy that has a savings feature.

The amount that is available in cash for loans and that may be available for withdrawals. Accessing Cash Surrender Value may reduce the death benefit and may increase the risk of lapse.

Money that accumulates under some insurance plans that can be borrowed, withdrawn, or used as loan collateral.

The equity amount or "savings" accumulation in a whole life insurance policy.

The amount of cash accumulated inside some types of permanent life insurance policies. The cash value typically grows over time and often earns a rate of interest, depending on the type of policy. It can be borrowed by the insured or withdrawn when the policy is surrendered.

The amount of money and interest accumulated in your life insurance account (after adjustment for factors like policy loans or late premiums). If you cancel your coverage and surrender the policy to the insurance company, you will get your cash value back. Cash value is a feature of most types of permanent life insurance, such as whole life and uni [..]

The cash value is the purchasing power of the money and expresses the quantity of goods that can be bought by a monetary unit. A distinction is made between the internal and external value of the mone [..]

Amount that pays out upon the policyholder's death, and also accumulates value during the policyholder's lifetime.

The amount of cash accumulated inside some types of permanent life insurance policies. The cash value typically grows over time and often earns a rate of interest, depending on the type of policy. It [..]

Money that accumulates in an insurance policy, which, depending on the plan selected, can be borrowed, used as collateral for a loan, or withdrawn.

Most permanent life insurance policies have a built-in cash accumulation function. The policy owner can borrow against it or receive payment if they cancel the policy.

(1) See Actual Cash Value. (2) See Cash Surrender Value.

The amount of cash that may be realized by an insured or annuitant holding a life insurance policy or annuity contract with the life insurance company on discontinuance and surrender of the policy or [..]

Permanent life insurance policies provide both a death benefit and in an investment component called a cash value. The cash value earns interest and often appreciates. The policyholder may accumulate significant cash value over the years and, in some circumstances, "borrow" the appreciated funds without paying taxes on the borrowed gains. [..]

The sum of money that corresponds to the (discounted) present value of future benefits or contributions at a given time.

The amount available in cash upon surrender of an insurance policy before it becomes payable upon death or maturity Related Topics Insurance

The savings element that builds up in a permanent life insurance policy, an endowment policy, or an annuity contract.

The cash value of an insurance contract, also called the cash surrender value or surrender value, is the cash amount offered to the policyholder by the issuing life carrier upon cancellation of the co [..]