# Surrender value

- Canonical URL: https://www.gerhardmerk.de/surrender-value
- Post ID: 587907
- Modified: 2023-07-25T21:12:14+00:00
- Language: en

## Definition

In the case of a life insurance policy, the remaining Credit balance after deduction of sales charges, commissions, cancellation fees and other deductions (the value of a life assurance policy after surrender charges and related premium taxes are subtracted from the total accumulated cash value). Since the beginning of 2008, the calculation of surrender value has been subject to more detailed legal requirements, which are monitored by the supervisory authority. - See policy exchange, zillmerization. - Cf. BaFin Annual Report 2007, p. 77 (new regulation § 169 VVG). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1