|
|
|
Home Page | Site Map | |
|
| Insurance Online look, learn, compare and buy. | |||||
|
|
|
|
||
|
||
|
|
The definitions contained herein are for general information only and are not
designed for use in connection with the interpretation of any insurance policy
or annuity policy issued through Insurance Answer Center.
|
|
|
|
Life Insurance Glossary Terms 4 A B C D E F G H I J K L M N O P Q R S T U V W Y |
|
|
|
Surrender Charge |
|
|
|
On an interest-sensitive whole life or universal life policy or deferred annuities, it is the amount of money deducted from the policy account value at the time a policy is surrendered at the request of the policyowner. The surrender charge, as specifically stated in the contract, usually decreases over a number of years and is often a percentage of the premium in the first policy year. |
|
|
|
|||
|
|
|||
|
Learn More about Life Insurance
Start a Life Insurance Quote
|
|
||
|
|||
|
|
|
|||
   |
|
Home Page | Site Map | Insurance Information | Resource Links | |||
 |
|||||
| Answer Financial(R) Inc. offers insurance products and services through its licensed affiliates Insurance Answer Center(R) Inc. (California License No. 0B99714), Answer Center Insurance Agency, Inc., and other affiliates. Answer Financial is not an insurance company. Insurance plans and services are from insurance companies and other licensed insurance-related providers. Not all products available in all states. Rates subject to change. |
|
|
|
|||
|
Visit
Answer Financial for
car insurance,
home insurance,
life insurance,
health insurance,
auto insurance,
vehicle insurance, boat insurance, renters insurance and more.
|
|||||
|
|||||