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Meaning of surrender value | Babel Free

Noun CEFR B2

Definitions

A final payout made by a life insurer to a policyholder, on the event of the policyholder surrendering their insurance contract.

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

Surrendered surrenderee Surrenderer Surrendering surrenderism surrenderist