English → Hindi dictionary

cash surrender value

कॅश सरेंडर वैल्यूNoun

नक़द अभ्यर्पण मूल्य

Definition

the amount that the insurance company will pay on a given life insurance policy if the policy is cancelled prior to the death of the insured

Examples

पॉलिसी का नक़द अभ्यर्पण मूल्य कर मुक्त हो जाता है।

cash surrender value of the policies increases tax-free.

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