Surrender Charges in Financial Accounting Formulas

Surrender Charges are fees imposed by an insurance company when a policyholder decides to terminate or surrender their life insurance policy before its maturity date. And is denoted by SC.

Financial Accounting formulas that make use of Surrender Charges

fxCash Surrender ValueGo

FAQ

What is the Surrender Charges?

Surrender Charges are fees imposed by an insurance company when a policyholder decides to terminate or surrender their life insurance policy before its maturity date.

Can the Surrender Charges be negative?

{YesorNo}, the Surrender Charges, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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