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1 to surrender a life insurance policy
English-russian dctionary of contemporary Economics > to surrender a life insurance policy
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2 policy
n1) политика2) политика, линия поведения
- accounting policy
- additional policy
- adjustable policy
- adjustment policy
- aggressive working capital policy
- agricultural policy
- all loss or damage policy
- all risks policy
- anti-inflationary policy
- antirecession policy
- austere monetary policy
- balance-of-payments policy
- bank policy
- bearer policy
- blanket policy
- block policy
- borrowing policy
- budgetary policy
- business policy
- cargo policy
- clean policy
- commercial policy
- compensatory policy
- compensatory fiscal policy
- competition policy
- comprehensive policy
- comprehensive insurance policy
- consistent policy
- corporate policy
- credit policy
- currency policy
- customs policy
- declaration policy
- deflationary policy
- demand-side policy
- discount policy
- discretionary fiscal policy
- discriminatory policy
- disinflationary policy
- distributive policy
- dividend policy
- domestic policy
- dumping policy
- easy credit policy
- easy monetary policy
- easy money policy
- economic policy
- embargo policy
- endowment insurance policy
- equity-linked policies
- excess policy
- expansionary fiscal policy
- expectant policy
- expired insurance policy
- export policy
- export cargo insurance policy
- farm policy
- financial policy
- fire insurance policy
- first-loss policy
- fiscal policy
- fixed order policy
- fleet policy
- flexible policy
- floating policy
- foreign policy
- foreign economic policy
- foreign exchange policy
- foreign trade policy
- franchise policy
- free of particular average policy
- freight policy
- general policy
- general insurance policy
- goods policy
- government policy
- green policy
- group policy
- hands-off policy
- hands-on policy
- home policy
- immigration policy
- incomes policy
- increased value policy
- individual policy
- ineffective policy
- inflationary policy
- insurance policy
- interest policy
- interest rate policy
- internal policy
- international policy
- investment policy
- issuing policy
- judicial policy
- lapsed policy
- lending policy
- licence policy
- life policy
- life assurance policy
- life insurance policy
- loan policy
- long-standing policy
- loose monetary policy
- loss-of-profit policy
- management policy
- marine insurance policy
- market policy
- marketing policy
- master policy
- merchandising policy
- mixed policy
- monetary policy
- money supply policy
- named policy
- one-price policy
- open policy
- open market policy
- overall policy
- paid-up policy
- participating policy
- patent policy
- patent law policy
- personal accident policy
- population policy
- price policy
- price control policy
- price support policy
- pricing policy
- public policy
- real policy
- reinsurance policy
- replacement policy
- responsibility insurance policy
- restrictive policy
- restrictive credit policy
- retirement policy
- running policy
- safe policy
- sales policy
- service policy
- short-sighted policy
- short-term policy
- social policy
- sound financial policy
- stabilization policy
- speculation policy
- standard policy
- state policy
- state intervention policy
- stiff monetary policy
- supply-side policy
- tariff policy
- taxation policy
- ticket policy
- tight credit policy
- tight fiscal policy
- tight money policy
- time policy
- tough policy
- trade policy
- trading policy
- transport policy
- underwriting policy
- unvalued policy
- valued policy
- vessel policy
- void policy
- voidable policy
- voyage policy
- wage policy
- wait-and-see policy
- warranty policy
- whole life policy
- with-profits policy
- policy of boycott
- policy of containment
- policy of controlling prices
- policy of economy
- policy of free trade
- policy of insurance
- policy of marine insurance
- policy of regulating prices
- policy of reinsurance
- policy of sea insurance
- policy of standardization
- policy of temporization
- policy of trade expansion
- policy to bearer
- adopt a laissez-faire policy
- amend a policy
- borrow on a policy
- cancel a policy
- carry out a policy
- contest a policy
- dictate a policy
- effect a policy of insurance
- follow a policy
- formulate policies
- implement a policy
- issue a policy
- loosen monetary policy
- make out a policy
- pursue a policy
- reinstate a policy
- renew a policy
- rescind a policy
- reverse a policy
- revise a policy
- subscribe to a policy
- support a policy
- surrender a life insurance policy
- take out a policy
- tighten a fiscal policy
- underwrite a policyEnglish-russian dctionary of contemporary Economics > policy
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3 surrender
I [sə'rendə(r)]1) mil. resa f., capitolazione f. (to a)2) (giving up) (of territory) abbandono m., cessione f.; (of power) rinuncia f.; (of insurance policy) riscatto m.3) (handing over) (of weapons, ticket, document) consegna f.4) fig. (to joy, despair) abbandono m. (to a)II 1. [sə'rendə(r)]1) mil. consegnare [ town]2) (give up) rinunciare a, cedere [ power]; riscattare [ insurance policy]3) (hand over) consegnare [ticket, passport, firearm]2.1) (give up) [army, soldier, country] arrendersi, capitolareI surrender — mi arrendo (anche fig.)
2) (give way)3.to surrender to — abbandonarsi a, cedere a [passion, despair]
to surrender oneself to — abbandonarsi a, lasciarsi andare a [ emotion]
* * *[sə'rendə] 1. verb1) (to yield: The general refused to surrender to the enemy; We shall never surrender!) arrendersi2) (to give up or abandon: He surrendered his claim to the throne; You must surrender your old passport when applying for a new one.) abbandonare, rinunciare a2. noun((an) act of surrendering: The garrison was forced into surrender.) resa* * *surrender /səˈrɛndə(r)/n. [uc]3 (ass.) riscatto ( di una polizza): the surrender value of a life policy, il valore di riscatto di una polizza vita♦ (to) surrender /səˈrɛndə(r)/A v. t.1 cedere; consegnare; abbandonare; lasciare; rinunciare a: They surrendered the city to the enemy, hanno consegnato la città al nemico; We surrendered all hope, abbiamo abbandonato ogni speranza; to surrender an office, lasciare una carica ( pubblica, ecc.); to surrender one's freedom, rinunciare alla libertà2 (form.) rendere; restituire; riconsegnare: You must surrender this permit when you leave the country, quando lasciate il paese, dovete restituire questo permessoB v. i.1 arrendersi; capitolare● (leg.) to surrender to bail, comparire in giudizio dopo aver goduto del rilascio su cauzione □ to surrender oneself, arrendersi; (fig.) abbandonarsi, darsi (al dolore, alla disperazione, ecc.): The bandits surrendered themselves to the marshal, i banditi si arresero allo sceriffo □ (leg.) to surrender oneself to justice, costituirsi ( all'autorità giudiziaria).* * *I [sə'rendə(r)]1) mil. resa f., capitolazione f. (to a)2) (giving up) (of territory) abbandono m., cessione f.; (of power) rinuncia f.; (of insurance policy) riscatto m.3) (handing over) (of weapons, ticket, document) consegna f.4) fig. (to joy, despair) abbandono m. (to a)II 1. [sə'rendə(r)]1) mil. consegnare [ town]2) (give up) rinunciare a, cedere [ power]; riscattare [ insurance policy]3) (hand over) consegnare [ticket, passport, firearm]2.1) (give up) [army, soldier, country] arrendersi, capitolareI surrender — mi arrendo (anche fig.)
2) (give way)3.to surrender to — abbandonarsi a, cedere a [passion, despair]
to surrender oneself to — abbandonarsi a, lasciarsi andare a [ emotion]
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4 policy loan
фин., страх. кредит под (страховой) полис (кредит, который может быть получен владельцем полиса страхования с наличной стоимостью под залог полиса)Syn:See:secured loan, cash value, cash surrender value, cash value life insurance, viatical loan, automatic premium loan
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кредит под страховой полис: кредит, получаемый от страховой компании под обеспечение наличной стоимостью полиса страхования жизни; см. cash surrender value.* * * -
5 term insurance
страх. срочное страхование, страхование на срок (страхование, действующее в течение определенного ограниченного периода времени)See:
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срочное страхование: страховой полис, который дает защиту в течение оговоренного числа лет, не имеет остаточной стоимости и не может использоваться для получения кредита; см. loan value 1;* * *. Страхование, при котором выплата происходит только в случае смерти (не происходит накопления сбережений) . A type of life insurance issued for one or more years specified in the contract. As opposed to whole life, the policy does not build any cash value. Инвестиционная деятельность .* * *вид страхования жизни, предусматривающий выплату страховой суммы в связи с окончанием срока страхования, достижением определенного возраста или наступлением оговоренного события в жизни страхователя или застрахованного -
6 unit-linked policy
страх. полис, связанный с паями [с паевым фондом\]* (страховой полис, часть взносов по которому вкладываются в паевой фонд; доходы, полученные от инвестирования в паевые фонды, идут на повышение выкупной стоимости полиса; в случае убыточности инвестиций, выкупная стоимость полиса снижается)See:equity-linked policy, cash surrender value, variable life insurance, unit trust, investment-type insurance
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страховой полис, связанный с паевым фондом; страховые взносы вкладываются в паевой фонд, и полученные доходы идут на повышение стоимости полиса. -
7 cash surrender value
сокр. CSV страх. (наличная) выкупная сумма [стоимость\] (денежная сумма, подлежащая выплате страховщиком страхователю при досрочном расторжении договора страхования жизни; сумма зависит от продолжительности истекшего периода страхования и срока, на который был заключен договор; определяется как собственно накопленная наличная денежная стоимость полиса за вычетом штрафа за досрочный выкуп, остатка непогашенной задолженности владельца полиса и связанных с нею процентов)Syn:See:
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наличная остаточная стоимость: денежная сумма, которая будет возвращена полисодержателю в случае расторжения страхового полиса.* * * -
8 equity-linked policy
страх. полис, связанный с акциями* (полис, часть страховых взносов по которому инвестируется в акции; в результате выкупная стоимость полиса оказывается привязанной к стоимости акций, в которые были инвестированы страховые премии)See:
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страховой полис, который связан с акциями: полис страхования жизни, выплаты по которому рассчитываются в связи со стоимостью каких-либо акций.* * *страховой полис, связанный с акциямистраховой полис, или полис страхования жизни, страховые премии по которому частично инвестируются в акции -
9 cash value
страх. наличная [денежная\] стоимость (сумма, накопленная за время действия полиса страхования жизни; у некоторых видов полисов страхования жизни эта сумма определяется при выдаче страхового полиса и остается неизмененной, у других — меняется в зависимости от размера страховых взносов и/или величины процентов, начисляемых страховой компанией по ранее накопленным суммам; представляет собой фактическую ценность страхового полиса для застрахованного человека; может использоваться в качестве обеспечения кредита; при досрочном расторжении договора страхования жизни владельцу полиса будет возвращена эта сумма за вычетом штрафа за досрочное расторжение договора и остатка непогашенной задолженности владельца полиса и связанных с нею процентов)See:cash surrender value, cash value life insurance, permanent life insurance, whole life insurance, universal life insurance, variable life insurance, variable universal life insurance, life insurance, policy loan
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= cash surrender value of life insurance.* * * -
10 Lebensversicherung
Lebensversicherung f VERSICH (BE) assurance, ass., (BE) life assurance, life insurance* * ** * *Lebensversicherung
life insurance (US) (assurance, Br.), (auf den Erlebensfall) endowment insurance, (auf den Todesfall) whole-life assurance (Br.), ordinary life insurance (US);
• abgekürzte Lebensversicherung ordinary endowment (deferred annuity, limited payment, US) life insurance, term (temporary) life assurance (Br.), limited payment life policy;
• zur Hypothekenrückzahlung abgeschlossene Lebensversicherung mortgage redemption insurance;
• vom Staat abgeschlossene Lebensversicherung governmental life insurance;
• aufgeschobene Lebensversicherung deferred [life] assurance (Br.);
• erneuerungsfähige Lebensversicherung renewable term insurance;
• mit einem Kapitalanlagegesellschaftsvertrag gekoppelte Lebensversicherung unit assurance (Br.);
• gemischte Lebensversicherung mixed life assurance (Br.);
• gewinnbeteiligte Lebensversicherung life insurance (US) (assurance, Br.) with profits;
• globale Lebensversicherung wholesale life insurance;
• hochwertige Lebensversicherung high-value life insurance;
• prämienfreie Lebensversicherung paid-up life insurance, free life assurance (Br.);
• staatliche Lebensversicherung government life insurance;
• steuerbegünstigte Lebensversicherung life policy qualifying for relief (Br.);
• unkündbare Lebensversicherung non-cancellable insurance;
• Lebensversicherung für Arbeitnehmer industrial assurance (Br.);
• Lebensversicherung mit laufender Beitragszahlung life insurance in force;
• Lebensversicherung mit Einschluss der Kriegsgefahr life insurance war-risk included;
• gemischte Lebensversicherung auf den Erlebens- und Todesfall combined endowment and whole-life insurance, mixed life assurance (Br.);
• Lebensversicherung auf Gegenseitigkeit mutual (assessment) life insurance;
• Lebensversicherung mit Gewinnbeteiligung life assurance with profits (Br.), participating life insurance (US);
• Lebensversicherung über verbundene Leben more than one life assurance (Br.);
• Lebensversicherung mit steigender Prämie renewable term assurance (Br.);
• Lebensversicherung mit Prämienabbuchung vom Gehalt salary reduction (savings) life insurance;
• Lebensversicherung mit abgekürzter Prämienzahlung limited pay[ment] (life insurance (US), limited payment life assurance (Br.);
• Lebensversicherung auf den Todesfall straight (whole-) life insurance (US), ordinary life insurance (US) (assurance, Br.), whole-life assurance (Br.);
• Lebensversicherung ohne ärztliche Untersuchung non-medical policy;
• befristete Lebensversicherung mit Verlängerungsrecht renewable terms [life] insurance;
• Lebensversicherung gegen Zahlung einer Einmalprämie single-premium insurance;
• Lebensversicherung abschließen to insure one’s life, to buy a life insurance;
• Lebensversicherung für j. abschließen, j. in eine Lebensversicherung einkaufen to write insurance upon s. one’s life, to assure s. one’s life (Br.);
• Lebensversicherung auf seinen eigenen Namen umschreiben lassen to vest an assurance on one’s own name (Br.);
• Lebensversicherung zurückkaufen to surrender a policy. -
11 Versicherung
Versicherung f (Vers.) 1. GEN assertion; 2. RW insurance company, insurance, ince, ins.; 3. VERSICH (BE) assurance, ass., insurance, ince, ins., cover • durch Versicherung gedeckt sein VERSICH be covered by insurance • eine Versicherung abschließen VERSICH take out an insurance policy • einschließlich Versicherung VERSICH insurance included* * *f (Vers.) 1. < Geschäft> assertion; 2. < Rechnung> insurance (ince, ins.) ; 3. < Versich> assurance (BE) (ass.), insurance (ince, ins.), cover ■ durch Versicherung gedeckt sein < Versich> be covered by insurance ■ eine Versicherung abschließen < Versich> take out an insurance policy* * *Versicherung
insurance, assurance (Br.), (Erklärung) declaration, statement, assertion, pledge;
• durch Versicherung gedeckt covered by insurance;
• abgekürzte Versicherung term insurance;
• abgelaufene Versicherung expired insurance (policy);
• abgelehnte Versicherung declinature;
• zur Abwendung von Kostensteigerungen abgeschlossene Versicherung cost-escalation insurance;
• unter einem Jahr angeschlossene Versicherung short-period insurane;
• abgetretene Versicherung assigned insurance policy;
• aufgestockte Versicherung extended insurance;
• aufrechterhaltene Versicherung insurance carried;
• beitragsfreie Versicherung paid-up insurance;
• doppelte Versicherung double insurance;
• eidesstattliche Versicherung affidavit, [statutory] declaration (Br.);
• voll eingezahlte Versicherung paid-up insurance;
• fakultative Versicherung optional insurance;
• fällige Versicherung matured insurance;
• feierliche Versicherung solemn assertion, affirmation;
• freiwillige Versicherung voluntary (non-mandatory) insurance;
• führende Versicherung leading underwriter;
• gegenseitige Versicherung mutual insurance;
• gesperrte Versicherung blocked insurance;
• gewinnbeteiligte Versicherung participating insurance;
• nicht gewinnbeteiligte Versicherung non-participating insurance;
• gleichzeitige Versicherung (Feuerversicherung des gleichen Objekts bei mehreren Anstalten) concurrent fire insurance;
• zu hohe Versicherung overinsurance;
• kombinierte Versicherung combined policy;
• kurzfristige Versicherung term insurance;
• noch laufende Versicherung policy still in force;
• zu niedrige Versicherung underinsurance;
• obligatorische Versicherung compulsory insurance;
• prämienfreie Versicherung paid-up (extended) policy;
• prolongierte Versicherung extended insurance;
• staatliche Versicherung state insurance;
• verfallene Versicherung lapsed (expired) insurance;
• vorausbezahlte Versicherung prepaid insurance;
• zusätzliche Versicherung additional (supplementary, collateral) insurance;
• Versicherung gegen Abbruchkosten demolition cost insurance;
• Versicherung mit ermäßigter Anfangsprämie renewable insurance;
• Versicherung leitender Angestellter (für leitende Angestellte) business insurance;
• Versicherung für die Ausstattung eines Handelsreisenden drummer floater (US);
• Versicherung gegen Bankeinbruch und Bankraub bank-burglary and robbery insurance;
• globale Versicherung der Büroeinrichtung office floater (US);
• Versicherung an Eides statt (Zeuge) declaration (US), declaration in lieu of oath (Br.);
• Versicherung zur Einhaltung von Reallastverpflichtungen ground-rent insurance;
• Versicherung gegen Entführungen snatch insurance (sl.);
• Versicherung auf den Erlebensfall ordinary long-term (endowment) insurance, master scheme with profits endowment assurance (Br.);
• gemischte Versicherung auf den Erlebens- und Todesfall combined endowment and whole-life insurance;
• Versicherung im Fall von Dauerinvalidität permanent disability insurance;
• Versicherung gegen Flugzeugentführung hi[gh]jacking insurance;
• Versicherung gegen Folgeschäden consequential damages insurance;
• Versicherung gegen alle Gefahren insurance against all risks;
• Versicherung auf Gegenseitigkeit mutual insurance;
• Versicherung für entgangenen Gewinn im Wert gestiegener Grundstücke leasehold insurance (US);
• Versicherung mit Gewinnbeteiligungsgarantie guaranteed dividend policy;
• Versicherung des Interesses an rechtzeitiger Lieferung insurance of delivery in time;
• unbegrenzte Versicherung im Krankheitsfall permanent health insurance, permanent sickness policy;
• Versicherung gegen Kriegsgefahr war-risk insurance;
• Versicherung gegen [ärztliche] Kunstfehler malpractice insurance;
• Versicherung gegen Nichterneuerung der Konzession licence insurance;
• Versicherung für entgangenen Pachtgewinn leasehold insurance (US);
• Versicherung mit ermäßigten Prämiensätzen low-premium insurance;
• Versicherung mit abgekürzter Prämienzahlung insurance with limited premium;
• Versicherung gegen Prämie insurance on a premium basis;
• Versicherung gegen aus Produzentenhaftung herrührende Schäden product liability insurance;
• Versicherung gegen entgangene Provisionsgebühren commission insurance;
• Versicherung gegen Raubüberfälle personal holdup insurance;
• Versicherung von Rechtsmängeln beim Grundstückserwerb guaranty-of-title insurance (US);
• Versicherung der Richtigkeit der Angaben affirmative warranty;
• Versicherung gegen besondere Risiken contingency insurance;
• Versicherung gegen Schäden an unbewohnten Gebäuden unoccupied buildings insurance;
• Versicherung mit Selbsterhalt contributory insurance;
• Versicherung auf den Todesfall whole-life insurance, assurance payable at death (Br.);
• Versicherung gegen zusätzliches Transportrisiko special insurance;
• prämienfreie Versicherung mit gekürzter Versicherungssumme paid-up policy of a reduced amount;
• Versicherung gegen Wasserschäden bei Feuerlöschanlagen sprinkler leakage insurance;
• Versicherung auf Zeit (für eine bestimmte Zeitdauer) term insurance;
• durch eine Versicherung abdecken to cover by an insurance;
• eidesstattliche Versicherung abgeben to file a statutory declaration (Br.) (an affidavit);
• Versicherung an Eides statt abnehmen to administer an affirmation (US);
• Versicherung abschließen to effect (place, take out, arrange) an insurance;
• Versicherung aufheben (kündigen) to drop a policy;
• Versicherung wieder aufnehmen to reinstate an insurance;
• aus einer Versicherung ausscheiden to revoke an insurance contract;
• Versicherung durch Eid bekräftigen to swear an affidavit;
• Versicherung decken to cover (provide) an insurance;
• Versicherung kündigen to drop a policy;
• Versicherung übernehmen to write insurance;
• Versicherung unter Risikoteilung übernehmen to underwrite a risk;
• Versicherung unterhalten to carry insurance (US);
• Versicherung vermitteln to introduce an insurance;
• weniger Geld für Versicherungen vorsehen to cut back on insurances;
• Versicherung zurückkaufen to surrender an insurance. -
12 Policenabschrift
Policenabschrift, laut beigeschlossener
as per copy of policy annexed;
• Policenabtretung assignment of policy;
• Policenabwandlung, Policenänderung policy modification (variation);
• Policenausfertigung issue (execution) of policy, policy drafting;
• Policenausstellungsbüro policy signing office;
• Policenbeleihung policy loan (borrowing);
• Policenbesitzer policyholder;
• Policenbuch policy book;
• Policendarlehn policy loan (borrowing);
• Policendatum date of policy;
• Policendauer life of a policy, policy period;
• Policenerlös proceeds of policies;
• Policenerneuerung renewal of a policy;
• Policenform policy document;
• Policenformular blank policy, policy (proposal) form;
• Policengebühr entrance fee;
• Policeninhaber policyholder;
• Policenkürzung cancellation of policy;
• Policenlaufzeit policy period, duration of policy;
• Policennachtrag rider, endorsement on an insurance policy;
• Policennummer policy number;
• Policenregister policy book;
• Policenrückkaufwert surrender value of a policy;
• Policenverfall lapse of a policy;
• Policenvermerk endorsement on a policy;
• Policenvordruck policy form, blank policy. -
13 laut beigeschlossener
Policenabschrift, laut beigeschlossener
as per copy of policy annexed;
• Policenabtretung assignment of policy;
• Policenabwandlung, Policenänderung policy modification (variation);
• Policenausfertigung issue (execution) of policy, policy drafting;
• Policenausstellungsbüro policy signing office;
• Policenbeleihung policy loan (borrowing);
• Policenbesitzer policyholder;
• Policenbuch policy book;
• Policendarlehn policy loan (borrowing);
• Policendatum date of policy;
• Policendauer life of a policy, policy period;
• Policenerlös proceeds of policies;
• Policenerneuerung renewal of a policy;
• Policenform policy document;
• Policenformular blank policy, policy (proposal) form;
• Policengebühr entrance fee;
• Policeninhaber policyholder;
• Policenkürzung cancellation of policy;
• Policenlaufzeit policy period, duration of policy;
• Policennachtrag rider, endorsement on an insurance policy;
• Policennummer policy number;
• Policenregister policy book;
• Policenrückkaufwert surrender value of a policy;
• Policenverfall lapse of a policy;
• Policenvermerk endorsement on a policy;
• Policenvordruck policy form, blank policy.
См. также в других словарях:
life insurance — insurance providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age. [1800 10] * * * Method by which large groups of individuals… … Universalium
Variable Life Insurance Policy — A form of permanent life insurance, Variable life insurance provides permanent protection to the beneficiary upon the death of the policy holder. This type of insurance is generally the most expensive type of cash value insurance because it… … Investment dictionary
holder of life insurance policy — The named insured or an assignee, for the purpose of obtaining the cash surrender value under a nonforfeiture provision of the policy. 29 Am J Rev ed Ins § 686 … Ballentine's law dictionary
value of life insurance policy — For inheritance tax purposes, its face value, less a proper rebate for the period during which payment may be deferred. Anne: 73 ALR2d 232. See cash surrender value … Ballentine's law dictionary
Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… … Wikipedia
life insurance — n: insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life insurance: whole life insurance in this entry straight life insurance … Law dictionary
Stranger Originated Life Insurance — (STOLI) is a life insurance arrangement, in which speculators, who have no relationship to a person, initiate a insurance policy against their life and fund the premium payments for investment purposes. [cite web… … Wikipedia
Whole life insurance — Whole Life Insurance, or Whole of Life Assurance (in the Commonwealth), is a life insurance policy that remains in force for the insured s whole life and requires (in most cases) premiums to be paid every year into the policy. Contents 1 History… … Wikipedia
conversion of insurance policy — The surrender of a life insurance policy to the insurer in exchange for another policy pursuant to a right or privilege provided the insured in the original policy. 29 Am J2d Ins § 367. See exchange of policy … Ballentine's law dictionary
surrender value — n: cash surrender value Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. surrender value … Law dictionary
Permanent life insurance — is a form of life insurance such as whole life or endowment, where the policy is for the life of the insured, the payout is assured at the end of the policy (assuming the policy is kept current) and the policy accrues cash value. This is compared … Wikipedia