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  3. Study Set
    Financial Institutions Management
  4. Exam
    Exam 12: Liquidity Risk
  5. Question
    Surrender Value Is the Amount of Cash a Life Insurance
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Surrender Value Is the Amount of Cash a Life Insurance

Question 57

Question 57

True/False

Surrender value is the amount of cash a life insurance policy holder can receive by turning in the policy before it expires or matures.

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