Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) The cash surrender value of a policy is normally only a portion of the contract's face value.
B) The cash surrender value of a policy is normally equal to the contract's face value.
C) The cash surrender value of a policy is normally more than the contract's face value.
D) A generalisation of the cash surrender value of a policy in relation to its face value is not possible.