What is another word for surrender value?
Pronunciation: [səɹˈɛndə vˈaljuː] (IPA) 
Surrender value is a term commonly used in the insurance industry to refer to the amount of money that a policyholder is entitled to receive upon termination of their policy. The surrender value is determined by various factors such as the duration of the policy, the premiums paid, and the type of policy. However, there are other synonyms that can be used to refer to the surrender value, such as cash value, redemption value, withdrawal value, and surrender cash. In summary, these terms refer to the monetary value that a policyholder is entitled to receive upon termination of their policy.
