1. Matt BenorePRO
    Founder, DenverWest Insurance Professionals, Inc.,
    Life Insurance Cash Surrender Value is what will be returned to you if you cancel a permanent life insurance policy that has a cash value available.   This surrender value may be less than the actual cash value as all loans will be paid back & surrender fees will be taken.

    Beware, if the surrender value is more than the money or premium you have paid in, there may be a taxable event you will have to deal with.
    Answered on January 24, 2014
  2. Mark TaylorPRO
    Licensed Life Agent, Life and Finance/ 50 States, New York
    Life Insurance Cash Surrender Value is tbe Cash Value of a Whole Life policy. The money accumulates upon the amount of premium paid through the years of the policy at a compounded value. The last percentage is more than bank interest. When the policy is surrendered or terminated in the later years which is best than early since hardly any accumulation or not enough value cash that accumulates will be surrendered to the policyholder.
    Answered on January 24, 2014
  3. 34 POINTS
    Ronald Hinch
    The cash values in a life insurance policy is the money accumulated over years inside a cash value or whole life insurance policy.  It can be borrowed against or received in a lump sum upon surrender of the policy.  The cash value reduces the financial liability of the insurance company as it grows inside the policy because in most policies it becomes part of the death benefit.  This makes a cash value policy a very poor investment for the client and, in most cases, does not provide adequate coverage to pay for final expenses, paying off debt and the mortgage, and providing income replacement.  For those who have a cash value policy there is alternatives to restructuring to improve the financial situation.
    Answered on January 24, 2014
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