4. Surrender Charges: Some life insurance policies may have surrender charges or penalties for terminating the policy before a specified period. These charges are designed to discourage policyholders from surrendering the policy early and aim to recover the costs incurred by the insurance company in...
Until recently, most Danish life companies had a 7% surrender charge of the policyholder's savings in connection with a surrender. This common rule has lately been criticized for being to simple and not adequately reflecting the various elements which should be included in a surrender charge. ...
这里重点解释两个术语，一个是退保手续费，英文是surrender charge，《元照英美法词典》将其译为“退保费用”，即人寿保险公司在确定退保金现金价值、已缴清之保费金额或延期保险时所收取的费用；另一个是退保金，英文是surrender value，《元照英美法词典》将其译为“退保现金价值”，即在人寿保险中，当保单持有人向...
As you pay premiums on apermanent life insurancepolicy, you can build cash value—a kind of separate account within the policy (or an annuity).1 To help it grow, after policy charges, your provider sets aside a portion of your premiums into the separate account, which can earn interest. ...
When a policy is surrendered, the policy owner will receive all of the remaining cash value in the policy, known as thecash surrender value. This amount will generally be slightly less than the total amount of cash value in ...
这里重点解释两个术语,一个是退保手续费,英文是surrender charge,《元照英美法词典》将其译为“退保费用”,即人寿保险公司在确定退保金现金价值、已缴清之保费金额或延期保险时所收取的费用;另一个是退保金,英文是surrender value,《元照英美法词典》将其译为“退保现金价值”,即在人寿保险中,当保单持有人向保险公...
“Surrender”在保险领域具有专有含义,其中Cambridge Dictionary对此的解释为“to end an insurance policy early, before its original end date”,也就是被保险人在保单终止日期前将保单交给保险人并注销保单,中文可以译为“退保”。“Surrender”既可以作动词也可以作名词,相关例句如下所示: ...
这里重点解释两个术语,一个是退保手续费,英文是surrender charge,《元照英美法词典》将其译为“退保费用”,即人寿保险公司在确定退保金现金价值、已缴清之保费金额或延期保险时所收取的费用;另一个是退保金,英文是surrender value,《元照英美法词典》将其译为“退保现金价值”,即在人寿保险中,当保单持有人向保险公...
这里重点解释两个术语,一个是退保手续费,英文是surrender charge,《元照英美法词典》将其译为“退保费用”,即人寿保险公司在确定退保金现金价值、已缴清之保费金额或延期保险时所收取的费用;另一个是退保金,英文是surrender value,《元照英美法词典》将其译为“退保现金价值”,即在人寿保险中,当保单持有人向保险公...
A surrender charge is a fee levied on a life insurance policyholder upon cancellation of their life insurance policy.