The National Directory of Certified Public Accountants

Ask A CPA - Insurance

What Does The Cash Surrender Value In My Insurance Policy Mean?

The Cash Surrender Value is the amount of money you may be entitled to receive from the insurance company when you terminate the life insurance or annuity policy. The amount of cash value will be determined as stated in the policy.

If you need professional help with "Insurance" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.