the nonforfeiture value of a life-insurance policy payable to the insured in cash upon its surrender.
cash surrender value,
Prize is non-transferrable, non-refundable and has no cash value.
These horses represented over half a million dollars cash value, which was entirely wiped out in a single week.
To work out whether this was money well spent, the authors surveyed the public to put a cash value on each crime prevented.
Yet his actual liability is limited--hence the name of the arrangement--to the cash value of his initial in vestment.
The benefit of such a transaction is larger, it seems to me, than simply its cash value.
Unfortunately, the cards are often stolen prior to cancellation for the cash value of the stamps.
Agents often use charts to show how a policy's cash value might grow.
As such, it does not build up any cash value or paid-up value.
Cash value of revocable trusts available to the applicant.
Those funds, plus the earnings they generate, make up the cash value of the policy.
Actual cash value is the replacement cost of your property minus depreciation.
Your insurance company will generally allow you several months from the date of the cash value payment to replace the item.
The cash value of your life insurance contract at the end of the tax year.
To prove the value of the property is too high, you must present expert evidence as to its actual full cash value.