What Percentage Of Whole Life Policies Are Surrendered?

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   Brandon Roberts

   Owner, The Insurance Pro Blog,

   The answer to this questions depends on what length of time you are talking about.  If the policy is terminated in the first couple of years the event is not called a surrender but rather a lapse.  After this point it is considered a surrender.  There is considerable variability and debate over this number, long term of the answer appears to be somewhere around 80%. 
   
   Keep in mind that a surrender means that the policy holder received cash when the surrender took place.  Whether or not he or she received more cash than he or she put in is not a statistic that is tracked and available.

   Answered on August 22, 2013

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